$BNB Headed to $750+
$BNB is ranging between $600 and $680. A break above $680 and I would have a near-term target of $750.
That said, I suspect we'll see $BNB break $1,000 in the coming months!!! $BNB is looking incredibly bullish!
We can see $BNB is printing an ascending triangle , whilst consolidating under the 1.618 Fibonacci extension .
If the bulls cannot hold support here, then I'd be looking for a move to the bottom side of the range.
I would look at any move toward the bottom side of the range (around $600) as an opportunity.
A 4H close above $685 would likely initiate a move toward the short-term $750 target.
Strong support around $560-$575 if range low is lost.
That said, I suspect we'll see $BNB break $1,000 in the coming months!!! $BNB is looking incredibly bullish!
We can see $BNB is printing an ascending triangle , whilst consolidating under the 1.618 Fibonacci extension .
If the bulls cannot hold support here, then I'd be looking for a move to the bottom side of the range.
I would look at any move toward the bottom side of the range (around $600) as an opportunity.
A 4H close above $685 would likely initiate a move toward the short-term $750 target.
Strong support around $560-$575 if range low is lost.