Mihai_Iacob

Binance coin held the best

Long
BINANCE:BNBUSD   Binance Coin
Besides Eth and Ltc, Bnb is another coin that I like a lot in current market conditions, and looking at the posted chart you'll understand why.
Since the ATH in Nov last year, the coin also entered a downtrend, but in mid-June 2022 we have a clear bottom here. A break above the falling trend line followed at the end of July and since then we have had consolidation and range trading.
250 is clear support here and most probably a lower high.
400 with 450 in extension could be bulls targets and only a drop under 250 would put this bullish scenario into question.

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