Trader fear is rising... Is the price of BNB about to explode soon?! 🚨🔥
The BNB coin is currently in very critical moments! 👀
After the Maxwell update that increased network speed, the price is approaching a technical explosion point 🔥, especially with the formation of an ascending flag pattern on the medium timeframes.
Currently, the price is between solid support at $659 and fierce resistance near $665, and if it breaks through firmly, we might see a wave of increase driving the price towards $700 and possibly $800!
The exciting part? There is also an inverted head and shoulders pattern on the daily timeframe, which opens the door for crazy movements!
📊 If the breakout occurs with strong trading volume... it will be a golden opportunity, while failure may bring the price back to $645.
⚠️ Analyst's advice: Keep a close eye on the break of $665, as history may be written here!
