BNB Eye price $ 400 Behave before pressing $ 800 channel

The BNB is currently a middle range on the long-term channel, with a potential pulling at $ 400 before continuing with a bakery. The technicality in key levels strengthens the case for healthy correction.

Binance Coin (BNB) It is driven by the structure on the creation of the Bilka from the beginning of 2024. years, but the recent price of the price suggests that a deeper return can happen before any significant interruption. The address is currently trading in the center of the high time shopping channel, which began in February 2024. With several major technical indicators, aligning the $ 400 level, this zone is probably before any sequence of higher goals, including a 800 dollar region.

Key technical points

• Channel low support to $ 400: Acts as the basis of a long-term range
• 200-week MA and Cutchence Fibonaci: Add Technical Weight to Level 400 USD
• Liquidity scenario: Possible short-term sunken before long-term continuation

The BNB respected its top trade channel of time precisely, reacting both lower and upper bounds during the last months. The price is currently placed near the middle range of channels, zones that is usually associated with insecurity or indecision. From the technical point of view, there is significant support layers around the $ 400 level, which serves as a channel low.

This $ 400 zone is further strengthened by the confectionate of estuary: 200-week average, 0,618 fibonacci levels from recent swing low to a high and visible liquidity pocket that has not yet been tapped. These indicators collectively form a magnet for price action. If the price sweeps the liquidity that rests under current levels and touch this zone, it would complete a low repetition of low and set up sustainable postcroord.

Structurally, a move up to $ 400 would not undo the bull trend – instead, it could strengthen him. It was confirmed more low around this level of support has hardened the market structure and offers the spring board towards the upper border of the merchant channel, which sits around 800 USD. This essentially essentially doubled the value of the BNB from the area of ​​annulment of $ 400, providing convincing risk scenario to long-term traders and investors.

What to expect in the upcoming price of the store

BNB remains Bulloish during a high time frame, but temporary withdrawal according to $ 400 is technically guaranteed and would serve as a strong accumulation zone. If support has support, the road to $ 800 becomes high probability, which completes the next foot in the long-term structure of the BNB channel structure.