BNB/USDT finally breaks its major downtrend line and currently is going sideways with decreasing transaction volume. I would say in 15-18 hours we'll see where will the price go, whether it breaks out of the consolidating box (more likely) or breaks down from it. The closest target price for now is 280, and in a longer term, 300. On the other hand, if the breakdown happens, the next line of support will be at 235. IMO, this is just a start of BNB/USDT new bullish phase and there are more upsides to come. What do you think?
Just a beginner's view. Suggestions are welcomed. Thanks!