Binance Coin can decline to support level and then continue grow

Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some days ago price declined from the 234 support level, which coincided with the buyer zone to the support line and at once rebounded up from it. Also then the price entered to the pennant, where it broke the 234 level and rose until to the current support level, which coincided with the support area. Price broke it too, but soon bounced back, thereby making a fake breakout. After this, BNB corrected to the support line of the pennant and then rebounded up to the resistance line, breaking the 250 level again. Then price bounced from the resistance line and started to decline back to the support line. After BNB reached this line, the price broke it, thereby exiting from the pennant and falling to the 234 support level. But a not long time ago, the price rebounded from this level and made a strong upward impulse higher 250 level, breaking it again. At the moment, BNB trades near the support area and I think that the price can fall to the current support level and then continue to move up. For this case, I set up my target at the 260 level. Please share this idea with your friends and click Boost 🚀