Binance Coin (BNB) is on fire along with several other crypto coins. Can BNB reach $1000 mark in the crypto bull run?
BNB coin is having a resistance breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it’s advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
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BNB Price TargetPrice is in an Uptrend and has finally broke above $600-$620 resistance where it’s got rejected several times in recent months.
This could signal uptrend resumption to the next resistance of $720 for a +20% potential gain. Stop Loss at $547.
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