Hi friends! The BNB is trying to breakout the trend line . After the 6% growth in a few bars, the price needs to gain strength and make a small consolidation under the trend line .

The targets:
1. $330-335 – first value area, local highs.
2. $354-361 – value area, big liquidity gap under it, so the price can easilly pump here.

Preconditions for the growth:
+ volume growth at the bottom means a lot of big players buy BNB to earn on price growth.
+ the price rise above big vaue area $296-305 which become the support for the BNB.
+ Bitcoin show the strength and starts pumping what help alts also to grow.
+ trendline squeeze.

Who will become “fuel” for this growth?
Short traders, who opened trader in this consolidation expecting the dump.

💻Friends, press the “like”👍 button, write comments and share with your friends – it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.