BNB 1D A little positive, growth is possible

7 Jun 2021

Consider the BNBUSDT chart on the daily timeframe
The May drop in BNB price stopped in the $215-230 liquidity zone, which we noted as an important target in the previous idea.

After that, we got an almost 100% bounce of the Binancecoin price upwards.
Is this the end of the upward bounce? We hope not.

In the coming days, we expect another upward impulse in the price of BNBUSDT to the area of ​​$530

After that, I would like to see a correction, but not deeper than $350-380
We think that it is in this liquid zone that the future of the further strong price movement will be decided.
1) The first option is a movement from the consolidation of $350-380 and upward with a renewal of the maximum to the area of ​​$820-890 to begin with.
2) The second option is the aggression of sellers, negative news background in general on the crypto market. Then it will be difficult to stop the fall in the zone of $215-230, and below we have zone $115-150

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