Dexter_The_Trader

Is BNB getting ready for something big?

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
This little breakout right here has spiced up the BNB chart. It has raised curiosity about how the price will unfold in the coming days.

If this breakout is legitimate, then buckle up for a good rally. The previous ATH could be possible.

Key points:

~ Support level of $597 to $609.
~ A bounce back is essential from the current resistance trendline to see a higher rally.
~ Targeting the $650 resistance and then the ATH of $691.
~ Invalidation point: A breakdown below $597.
~ Lower support: $565.

Do your own research before investing.

Regards,
Team Dexter

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