Following a decent bullish comeback last week, Binance Coin (BNB) recorded a mild correction over the weekend as the price dipped back below $400 and tapped the $385 low. However, we can observe a bullish build-up this morning, with the broader crypto market posturing to revive last week’s trend.

The 4-hour stochastic indicator shows that a bullish rally is underway as bulls target the $400 resistance. That said, bullish confirmation should come from a corresponding crossover on the MACD indicator, which should drive BNB towards the $420 level in the coming days.

Meanwhile, my resistance levels are $400, $410, and $420, and my support levels are $390, $380, and $370.

Total Market Capitalization: $1.88 trillion

Binance Coin Market Capitalization: $65.2 billion

Binance Coin Dominance: 3.4 %

Market Rank: #4