IS $BNB Buyers finally Ready to Shoot for $440 Or Is BNB Dead?

BNB price is Trading currently within a Busy rectangle range, while battling the resistance range of 336 to $459. The last 3 attempts to get past 345 have failed and resulted in a temporary pullback and for the fourth time we see the bulls crawling this time back to the same area. with a price range of 264 to 397 on the chart. This pattern suggests a potential bullish continuation pattern and a strong bullish pressure brewing in the background, indicating that the current pause is temporary and an upward movement may be imminent on BNB any movement soon.
However, it is important to consider the possibility of a bearish reaction of BNB to the top of the box at the 397 area all the way up to 440 , which may create breakout pressure. Therefore, caution should be exercised as the price approaches this area, and profits should be protected by moving the stop loss up to breakeven or by using a trailing stop loss.
If the bulls succeed in breaking out, the upward move will most likely continue. However, it is important to remain open-minded, as anything can happen at any time. the below signal is best for sport but can be used on futures with a tighter stop loss adjusted to the 314 range.

FREE MT SIGNAL(SPOT TRADE)

👉 ASSET: BNB (BNB/USDT)
👉 ACTION: BUY
👉 1st ENTRY PRICE: 328
👉 STOP LOSS: 298
👉 1st TAKE PROFIT: 396
2nd TAKE PROFIT: 440


💰 RISK MANAGEMENT: I strongly recommend the use of stop loss, you can use the 298 for Spot and 314 for Futures as a point of sell to limit potential losses on in case the trade goes against us as ranges are unpredictable. We also suggest taking profits as the price approaches 397 to lock in gains. before hitting Target on BNB 440 range in case the bulls get weak on reaction to the box Resistance


🚨 DISCLAIMER: This is not financial advice. Please do your own research before making any trades. We are not responsible for any losses that may occur from following this trade signal.