General trend for $BNB
In the BNB/USDT chart, the weekly appreciation is approximately +5.11%.
The current price is around US$ 704, above the resistance area at US$ 699
🛠️ Technical analysis
Relevant resistance: US$ 699-705. Overcoming this level could pave the way for new highs.
Chart pattern observed: ascending triangle, typical of a continuation of an upward trend. If confirmed with volume, it could lead prices to test US$ 733 or even US$ 740.
I highlight that, unless the bears take control, a test of the US$ 720–740 zone is likely next week!
Today I would wait to touch the lower line of the Triangle to buy, right at the PoC line. This is for Swing Trade.
For Day Trade, in the M15 chart with a slight rise, I would consider waiting for more signals, as it is lateralizing with very low volume.