#BNB

Not just an ordinary cryptocurrency, but an essential part of one of the largest cryptocurrency systems in the world. While facing some regulatory and competitive challenges, its benefits and wide applications make it an attractive option for long-term investors. It is advisable to follow Binance news and market trends to make informed decisions.

Fibonacci retracement level 0.618, measured from the lowest to the highest point of a recent price movement.

A visible liquidity pocket that hasn't been used yet.

Sources indicate that these three indicators together create a strong attraction for the price movement towards the $400 area. If the price reaches this area, it will complete a healthy test of the lower boundary of the channel, paving the way for the start of a sustainable upward trend.

Structurally, a pullback towards the $400 level will not negate the upward trend but may enhance it. A rise again from this level will strengthen the market structure and provide a starting point towards the upper boundary of the price channel at the $800 level. This could mean doubling the value of BNB from this area, offering an attractive scenario for traders and long-term investors in terms of the risk-return relationship.

Achieving a record in weekly trading volume on chains $BNB