Binance being the world’s largest crypto exchange with a total of 15 mn users and a daily average trading volume of around $12 Bn has also developed its smart contract infrastructure “Binance Smart Chain” to solve the major bottleneck of Ethereum that is its insane gas fees. BNB after hitting its all-time high of ~$348 has been consolidating to date. On 4 Hr Time Frame, BNB is giving a decent breakout from the Symmetrical Triangle formation and seems elated to continue its journey to new highs. The support is present at $274 while BNB seems well-positioned to continue its rally to $360.
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