Trader fear is rising... Is the price of BNB about to explode soon?! 🚨🔥
BNB is now at very critical moments! 👀
After the Maxwell update that increased network speed, the price is starting to approach a technical explosion point 🔥, especially with the formation of an ascending flag pattern on the medium timeframes.
Currently, the price is between solid support at $659 and fierce resistance near $665, and if it breaks through firmly, we could witness a wave of rise driving the price towards $700 and perhaps even $800!
What's exciting? There is also an inverted head and shoulders pattern on the daily timeframe, which opens the door for crazy movements!
📊 If the break occurs with strong trading volume… there will be a golden opportunity, while failure could bring the price back to $645.
⚠️ Analyst's advice: Monitor the break of $665 closely, as history may be written here!