BNBUSDT: Chance of Growth to $645.7?
2024-09-26

Looking at the BNBUSDT chart, I see that the price is moving within an upward channel, supported by the EMA 34 (588.8) and EMA 89 (568.6). However, after falling from the resistance zone near 610, the price is still holding above the lower boundary of the channel. According to my analysis, the price may fall further to the support zone around 568.6, where a bounce is likely to occur.

Personally, I believe that the uptrend will continue if the price does not break below the channel. If there is a bounce, the next target I expect is the 645.7 zone.