Can BNB fix above the $320 mark soon? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch
On the hourly chart, Binance Coin started the day with growth. However, it could not fix above the $320 mark, forming the false breakout of $318.4.The more likely scenario is sideways trading in the range of $315-$318, as one should not expect sharp moves on the weekend.
On the daily chart, the price of Binance Coin has made a false breakout of the resistance at $321 against increased volume. At the moment, one should pay attention to the bar closure. If it happens around the $320 mark, the accumulated strength might be enough for a blast to the $330 zone. From the midterm point of view, Binance Coin remains bullish as the price has once again almost touched the support level at $281.1 and is currently trading above the $300 mark. All in all, the more likely scenario is further growth to $337.8.
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