• The primary trend for BNB is bullish. Following its encounter with resistance, it has initiated a corrective wave.
• Presently, a correction is apparent, taking the shape of a descending channel.
• It is anticipated that the price will continue to oscillate within the upper and lower bounds of this channel.
• Should reversal patterns emerge, the main bullish trend is expected to resume. Conversely, if the lower support zone is breached downwards, the Binance Coin trend will shift to bearish.
(All analyses will be updated)
This analysis is informational, not financial advice.
• Presently, a correction is apparent, taking the shape of a descending channel.
• It is anticipated that the price will continue to oscillate within the upper and lower bounds of this channel.
• Should reversal patterns emerge, the main bullish trend is expected to resume. Conversely, if the lower support zone is breached downwards, the Binance Coin trend will shift to bearish.
(All analyses will be updated)
This analysis is informational, not financial advice.
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