BNBUSDT: Bullish Channel Aiming For 620 USDT Target?
2024-10-22

BNB is moving within an ascending price channel, with support around 597 USDT (34 EMA). Currently, the price is approaching the channel support zone, which could be a good entry point for traders expecting the price to continue rising. If it holds, BNB could advance to the target zone of 620.3 USDT. Conversely, if it breaks below the price channel, the price could correct to the 89 EMA support levels around 588 USDT.