Can the rate of BNB rise soon? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch BinanceAngels
On the local chart, the rate of Binance Coin is rather more bearish than bullish as the price is near the support level. If the closure occurs below the $240 zone, the breakout may lead to the test of the $235 area shortly.
On the bigger time frame, the situation is neither bearish nor bullish as the rate is in the middle of a wide channel. In this case, ongoing consolidation in the range of $235-$245 is the more likely scenario until the end of the month.
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