BNB acts very strong above a yearly resistance
2025-01-03
Category: None

BINANCE:BNBUSDT   is currently in an accumulation phase above $700, a key yearly resistance level that has consistently marked the end of bullish movements whenever it was previously reached. We've been stagnating above this level for about three months now. I believe this is a great opportunity for swing traders offering a good risk-to-reward ratio. Unless there’s a black swan event affecting  BINANCE:BTCUSDT  or BNB, I see no reason why BNB wouldn’t reach $1,000 in the next few months.