🚀💵Binance Coin (BNB) Chart Forms Classic Triangle Setup: Is a Sharp Move Imminent?🚀
Binance Coin (BNB) is showing signs of a potential breakout as its price consolidates within a tightening triangle formation.
After recent price fluctuations, the token is now testing a key resistance range between $660 and $670. Traders and analysts are closely watching this zone, as a decisive move could trigger a strong upward trend. As the primary token of the Binance ecosystem, BNB’s activity often reflects broader sentiment within the crypto market.
Rising volume and buyer strength could fuel the next rally if resistance fails to hold.
👉BNB Symmetrical Triangle Points to Imminent Move
On the daily chart, BNB appears to be forming a symmetrical triangle, a pattern known for signaling upcoming breakouts.
The price has steadily moved closer to the upper trendline, currently positioned between $660 and $670. Analysts view this as a key point where the market may decide its direction.