#BNBATH Of course, I cannot help but confirm all my thoughts on #BNB on the chart ⬆️ Metrics and on-chain data undoubtedly speak of strength, but the chart remains fundamental 💪
We have been observing for quite a while how #BNB continues its upward trend within an ascending channel, and honestly, there are simply no hints of a drop below $700.
By the way, pay attention to how actively the buyer engaged when the price approached the lower boundary of the channel. The buying frenzy is insane 🔥
All this time, the asset has been in what is called accumulation in the range of $500-720, and now the price has exited this range, which indicates the initial phase of growth after accumulation.
➡️Right now, I am waiting for consolidation above the upper boundary of the range in the form of a retest to accumulate positions in #BNB aiming for larger targets (not in percentages, but in multiples). This zone also contains the nearest bullish imbalance, as well as the 0.5-0.618 levels according to Fibonacci, which usually provide strong support for the price. It is quite likely that the next wave of growth will follow from this zone ✅
In total, we have a clear technical signal, the strongest on-chain dynamics, growth in key metrics, and fundamental support from the Binance ecosystem itself. All of this forms the very flywheel — a cycle in which demand, metrics, and price reinforce each other 🪙
🧠 Those who can see not only candles but also connections already understand that #BNB is seriously preparing for a reassessment.
#WhiteHouseDigitalAssetReport ,#GENIUSAct #BinanceHODLerTree
