🚨 BNB Update and Signal Analysis

SHOULD BNB BUY ROCK NOW? This is a question that I have received a lot from people recently. Today, let's do a quick analysis with Trading Insight before making a decision

👉 BNB is the Token of Binance, the exchange we are trading and operating on. Trusting the coin of the platform we use is a must

👉 BNB is used to hold and stake. Recently, BNC launched Lauchpool continuously, leading to a sharp increase in price for BNB. The upcoming Megadrop promotion is a newly launched program that will also be an event that can make BNB explode.

👉 In terms of technical analysis, BNB has completed breaking the bearish Trendline at the Weekly frame and the retest of that support line takes place 45 days from the break. BNB is trying to break short-term accumulation to retest ATH so let's stay tuned

👉The price range 490-510 is a reasonable price range to collect BNB in ​​the short term if you are interested in the products BNC provides.

👉 The market creates excitement for investors with high-profit product launches before the strong fall. Pay attention to your own cash flow

🔹In the future we will see BNB can reach $1000 but not now. Personally, I am holding BNB at the price range of 180$ and have taken profit when BNB reaches 560$, will take the remaining profit when it reaches 700$ and continue to wait to buy at 300-350$ for BNB in ​​the next wave.

This is an update from Trading Insight

You can refer and make your own decisions.