On the 1-hour chart, BNB showed strong bullish performance in the past few days. It briefly sank below $205 but recovered and flipped the $240 level to support. The bulls then claimed the $277 level from bearish hands and were able to drive the prices as high as $315 on a breakout above the descending triangle.
This breakout was strongly pushed back but, while the lower timeframes showed a possible weakened bull side, the longer timeframes showed bulls were in the driving seat.
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