BNB is currently facing a significant resistance level that has been tested four times before. In November 22, there was a fakeout at the same level, causing the price to drop below the resistance.
In recent days, the cryptocurrency market has seen a surge in trading volume. If this momentum persists, BNB is likely to break above the crucial level and extend its rally towards my designated target zones.
However, if the price falls below the resistance level, there is a chance that it may revisit the lower trendline.
What is your opinion on the matter? Please show your support and provide your thoughts in the comments section.
In recent days, the cryptocurrency market has seen a surge in trading volume. If this momentum persists, BNB is likely to break above the crucial level and extend its rally towards my designated target zones.
However, if the price falls below the resistance level, there is a chance that it may revisit the lower trendline.
What is your opinion on the matter? Please show your support and provide your thoughts in the comments section.
