🕯️ BNB/USDC – “BNB above 760 – breakout confirmed or fake signal?”
Yesterday: BNB surged above 760 USDC with rising volume, indicating a potential breakout from a symmetrical triangle. The 4H candle closed near its high, adding bullish weight.
Fibonacci retracement (650 → 800):
• 38.2% = 740
• 50% = 725
• 61.8% = 710
Support levels: 740 / 725 / 710
Resistance levels: 780 / 800
Forecast:
• Bullish scenario: Holding above 740 keeps the breakout valid, with upside targets at 780 and 800
• Bearish scenario: A drop below 740 could lead to a pullback toward 725 or 710
📌 #BNBUSDC #BNBAnalysis #FibLevels #CandleTimes #PriceAction