After months of structured moves—ranging from falling channels to breakout triangles ⚡ $BNB has formed a solid technical base. The recent retracement appears to be a healthy pullback within an ascending trend structure.
📊 Key Highlights:
June began with a falling channel, followed by multiple consolidation phases (triangle, sideways).
Each consolidation was met with bullish breakouts, pushing price higher— culminating in a sharp rally to ~$840.
The market is now testing a major support zone (around $740), which aligns with previous trendline confluences.
A potential bounce back toward the $800 psychological level is in play if support holds.
Traders are closely watching this level— holding it could maintain the macro #Bullish structure, while a breakdown might invite deeper correction. #BinanceCoin #BNBChain #Altcoin
