$BNB

🟡BNB broke through the upper edge of the downward channel strongly on June 29, which is a signal for the bulls to launch a counterattack! This breakout suggests that the previous pullback may have come to an end, and the bulls are ready to take off!

🚀 Upside targets:

The 50-day moving average ($655) is the first hurdle in the short term. After breaking through, it is expected to continue rising to $675, with further targets aiming at $698!

Bulls need to seize the momentum, and the key is not to let the price fall back into the channel, otherwise, the rebound momentum will weaken.

⚠️ Downside risks:

If the price suddenly turns around and falls below $636, short-term optimistic sentiment will quickly dissipate, indicating that the market is rejecting this breakout.

Next, BNB may quickly retrace to $625, and bulls need to be careful in defense!