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#BNB/USDT ANALYSIS

It broke out descending channel and currently retesting above it. MACD crossover is showing bullish momentum. Hidden bearish divergence is also there. If it retested successfully we can expect an upward move in it.
#𝗕𝗑𝗕/𝗨𝗦𝗗𝗧 𝟭 𝗛𝗒𝗨π—₯ π—§π—œπ— π—˜ 𝗙π—₯π—”π— π—˜ π—”π—‘π—”π—Ÿπ—¬π—¦π—œπ—¦
β€’ Bnb is consolidating between $284 - $294, a breakout from this phase will indicate Bullishness (long).
Target - $312 (resistance).

β€’ If it falls down from the consolidating phase we will short or position.
Target - $276 (support).
#𝗕𝗑𝗕/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 π—§π—œπ— π—˜ 𝗙π—₯π—”π— π—˜ π—”π—‘π—”π—Ÿπ—¬π—¦π—œπ—¦

β€’ Bnb has two resistances :
R1 - $298.1
R2 - $331.4
And it has a support at $261.3, if bnb breaks the trend line downwards then we will short our position.
Target - $261.3

β€’ If it breaks R1 then we will. long our position to R2.
Target - $331.4
Crypto bids
BREAKING: πŸ‡ΊπŸ‡Έ US Government seeks over $4 billion from #Binance to end criminal case, Bloomberg reports.
🚨🚨🚨 15,799,055 #BNB ($4,000,000,000 USD) transferred from Binance to US treasury wallet
What will happen first? πŸš€

#Bitcoin   : $70,000
#Ethereum: $8,000
#BNB    : $1,000
#Solana: $500
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