🔥 BNB W-Shaped Recovery: What's Next?

2021년 8월 13일

BNB has seen an incredible run over the last couple of week, just like the rest of the crypto market.

With the W-Shaped recovery near its completion, it's time to look ahead and see where this amazing token will go in the next few weeks.

First main area of importance is the $405 resistance, which is where we're trading now. I'm expecting this resistance to break either later today or tomorrow. Main point of interest in the coming week is the $435 resistance. A touch of that resistancewould mean that the W-shaped recovery is officially completed.

It's to be expected that BNB will trade sideways for a while there, potentially falling back to $405. In the next month or so, I'm expecting BNB to resume the bullish push towards the green area of resistance, which ranges from $500-$530.

Happy trading!