Binance Price Prediction: Is $400 the Next Milestone

Binance price surged 27% in 30 days, signaling bullish trend

• Last month, BNB found support above $290 and experienced a surge, breaking through a resistance line earlier this month.

• The recent breakthrough over $367 represents a shift from the preceding range market.

• Successful retest of the $350 breakthrough suggests significant upward momentum.

• Bullish mood is clear as the $BNB price shows a significant V-shaped turnaround.

• A rounding bottom reversal pattern was found, with bulls breaching the neckline at $350.

• A 6% overnight rally produces a bullish engulfing candle, which might pave the way for a $400 breakthrough.

• #Binance's price trend is strongly positive, pushing the $400 psychological barrier.

• $BNB now trades around $380, with an intraday Doji candle indicating a momentary break before the uptrend begins.

• #Binance sets a new 52-week high, showing a largely optimistic mood in the crypto market.

• As per CoinGabbar Prediction, Inability to exceed the $400 level could result in BNB retracing towards the $350 support, while surpassing this level may propel it towards $450.

KEY LEVELS :

RESISTANCE LEVEL : $388-$400

SUPPORT LEVEL : $370-$360

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