🚨🔥_BNB price targets $700-$717 if it surpasses the $640 resistance.
Inverse head and shoulders pattern signals a potential rally.
Binance’s community-driven token listing adds bullish momentum.
Binance Coin (BNB) is forming a bullish inverse head and shoulders pattern, suggesting a potential breakout. Currently trading at $620 range, BNB has seen a 1.54% price increase in the last 24 hours, with the market cap reaching $89.3 billion.
BNB’s Bullish Setup Points to $700
BNB recently broke a key trendline resistance but struggled to hold above $640, leading to a dip to $605. However, with a sharp V-shaped recovery, BNB is back in action, forming four consecutive bullish candles.