BNB, three reasons for a pump soon 🚀✅

Our subscribers have asked for an analysis of the local situation on the BNB chart. Personally, we rarely trade the usual technical analysis. Most people know that we trade based on trading indicators that analyze technical, fundamental and social analysis. If we buy altcoins, it is only medium-term trading because it is more profitable than scalping or day trading.

But in any case, let's analyze BNB from the side of technical analysis. On the chart you can see an important key level of $502. And also the fact that the price for a long time compressed near the key level. This is a good signal, a signal for a breakout. I would also like to highlight that with each fall there was a large volume. In case of a breakdown, the price is very likely to reach the resistance area, which is marked above.

Since all altcoins are correlated and fully dependent on bitcoin, we recommend you to watch the latest bitcoin analysis in order to understand the whole market situation.

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