Trade-Lean

BNB's Bullish Momentum: Will $603 Trigger a Surge to $650?

BYBIT:BNBUSDT.P   BNBUSDT Perpetual Contract
BNB still resides in the bullish zone in the H4 chart.

1. A bullish breakout of $603 sets Binance Coin on course for the $619 region, possibly prompting a temporary pullback.

2. A strong rejection of $590 steers the price towards $619, potentially extending to $646-$658.

3. Inability to sustain price action above $590 may induce sluggishness and choppiness.

Please find more details in the signature!

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