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TronWeekly

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BNB Poised for Rally: Cup-and-Handle Points to $686, $700, and Beyond

  • BNB broke out above $620 earlier this month and reached $690, maintaining support at $650.
  • A cup-and-handle pattern on the 4-hour chart suggests potential targets at $686, $700, and $716.
  • Technical analysts foresee a breakout above crucial resistance, aiming for milestones at $700+ if supported by increased volume.
  • BNB's positive trajectory is supported by strong market capitalization ($94.05 billion) showing confidence in the asset.

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