$BNB $BNB Binance Coin is within a horizontal trend channel approximately for the medium and long term. This indicates that investors are uncertain and waiting for signals of a future direction. A breakout upwards will be a positive signal, while a breakout downwards will be a negative signal. The coin is moving within a rectangular formation between the support at 541 and the resistance at 782. A decisive breakout through one of these levels indicates the new direction for the coin. The coin has broken upwards through the resistance at 600. This predicts further increases.