BNBUSDT ! Price consolidation in the long zone. Buying?🙀

22 Jul 2022

BNBUSDT forms a break of the downtrend. The price goes up beyond the local and horizontal resistance level at the price crossing point at 261. The price makes a false breakout on the pullback, but then returns to the long zone.

The cryptocurrency market starts to show a positive trend, but I am not sure how long it will last, so we will focus to the nearest targets.

I suppose that BNBUSDT can grow in the short term after the price fixes above 260.8. The target in this case will be a local resistance level of 295.9

Regards R.Linda!