Technical analysis by Reza_kahe about Symbol BNB: Buy recommendation (10/21/2024)

There is an important zone in the range of $630-640 for #BNB that will be tested in the next few days, if this zone is broken. Then stabilizes, the price will be ready to break new highs like $800. In the area of ​​$640, we will see the initial unloading of buyers and then the price drop, if the trend line remains on the valid form after this drop, the validity of the trend will be very high to break $640.The price must be supported in these ranges, otherwise If the price stabilizes below 575, it is likely to fall to 530 and 500Strong selling pressure in these areas has trapped BNB at the moment, but according to the chart situation, such patterns have already been observed for BNB and it has broken, in this area I think it will pass We will have, if the price reaches above 650, be ready to fly. Be careful that Pancake Swap currency is also dependent on BNB movements, so the rise of this currency is also possible.