Can Market Resurgence Propel Binance Beyond $350
Binance Coin set for a bullish weekly close as the week ends
On the daily chart, BNB is nearing a breakout point at the Neckline of an Inverted Head and Shoulder pattern.
Following a bullish breakout from flag pattern resistance, suggesting a substantial near-term rally.
#Binance price has initiated a significant increase, surpassing the $335 resistance zone, which contrasts with #Bitcoin and #Ethereum trends.
A potential fresh rally could ensue if the price convincingly breaches the $350 resistance level.
If $BNB successfully breaches the Neckline and surpasses the $350 resistance, there's potential for the price to reach $400-$460 in the near future.
As per CoinGabbar Prediction, #Binance price breaks free from a week-long sideways trading pattern, displaying a positive trend.
KEY LEVELS :
RESISTANCE LEVEL : $350-$360
SUPPORT LEVEL : $333-$324
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