🔷️ A few days ago, we discussed #BNB when it was priced at $659 and noted that it was moving within a parallel channel. With the recent upward movement, $BNB has now reached the upper boundary of the channel, marked by the yellow line, which we previously identified as a potential resistance level.

🔍 This zone is critical:

The upper boundary may act as strong resistance.

If this level is broken with volume, the next resistance could be the second yellow line.

📌 However, caution is advised:

At the channel’s upper band, there’s a risk of profit-taking or a pullback.

Short-term traders should remain cautious in this region.

Key support levels should be monitored closely.

🛑 This content does not constitute investment advice. Cryptocurrencies are highly volatile and risky. Always do your own research before making investment decisions.

#BNB #BinanceCoin #CryptoAnalysis #TechnicalAnalysis #Altcoin