Lingrid | BNBUSDT Breakout Expected to Spark Upward Momentum

BNBUSDT perfectly played out my previous trading idea. Price has formed a triangle pattern after an impulsive upward leg, and the market is now compressing in a tight range. Price recently tested the support zone below 600.00, rebounding sharply from it, suggesting accumulation in preparation for a breakout. The downward trendline has been a limiting factor, but the price is approaching the breakout point with a clear upward trajectory.

If the breakout occurs above the 620.00 resistance zone, expect momentum to surge toward the next key resistance at 645.00. This could mark the start of an explosive move higher, fueled by the built-up pressure during the consolidation phase.

➡️ Primary scenario: Hold above 600.00 → Targeting 642.00.
⚠️ Risk scenario: Failure to break above 620.00 might trigger another dip toward the 580.00 support.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!