A few weeks ago, we highlighted the trading of #BNB at 659 $ in a clear parallel channel and pointed out the key resistance areas with yellow markers.
๐น Since then, BNB has climbed nearly 25%, reaching the first major resistance we identified.
๐น If the bulls manage to maintain this level, the focus should now shift to the second resistance area above for a potential continuation.
The structure remains intact as long as the price respects the channel. Keep a close watch for any breakout or rejection signalsโthis could define the next big move.
