Technical analysis by CryptoHyve_ about Symbol BNB: Buy recommendation (3/8/2025)

https://sahmeto.com/message/3303611

#BNB FALLING WEDGE BREAKOUT

Buy

Price at Publish Time:

$599.07

Profit Target:

(+5.16%)$630

Stop Loss Price:

(-1.51%)$590

BNB looks to be breaking out of the falling edge on the hourly timeframe and completing a confirmation pullback. It found support in the $590 area so I'll be placing my stop-loss below. BNB will meet another resistance at $630 so I'll be looking to take profits then!

Source Message: TradingView