BNB (BNB/USDT) Approaches a Pivotal Crossroad as Bulls Seek Control

BNB Long-term Analysis: Bullish

The market for BNB against the Tether has demonstrated relative strength in previous sessions, maintaining above key moving averages despite challenges posed by the sellers.

However, the pair has given signs of more gains ahead as the price holds above the $600 psychological level.

Recently, weekly candles suggest ongoing battles between the bulls and bears as the momentum is tending toward the bullish traders. To this end, the Stochastic RSI hints at potential upside gains.