$BNB FLAT AT $577.50 – 6-MONTH SUPPORT SAYS UPSIDE?!"



BNB is up 0.06% – virtually unchanged. But the weekly chart shows price sitting on a 6-month support trendline at $577. This level has held three times since January. Volume is at its lowest level this year.

Historically, when BNB consolidates at this support for extended periods, it rallies 15-25%. The next resistance sits at $590 and $600.

I'm not calling a breakout yet, but this is one of the more interesting setups on my watchlist.
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BNB-0.24%
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