Binance coin shows an ascending triangle
Currently, on the daily timeframe, BNB exhibits an ascending triangle pattern. The market participants are awaiting confirmation of a potential breakout to determine the coin's next likely direction. The expectation is for a bearish breakout to occur, but in the event that BNB surpasses the resistance level, a bullish trend towards higher prices is anticipated. Traders are closely monitoring the price action to make informed decisions based on the breakout's confirmation.
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