Last month, BNB found support above $290 and surged through a resistance line this month.
Strong buying ensued post breaking the neckline of an Inverted Head and Shoulder pattern on the daily chart.
#Binance surged to a new one-year peak at $366.8, surpassing a high sustained over multiple months.
It pulled back slightly following rejection after reaching the fresh high.
A consolidation period resulted in the formation of a bullish pennant pattern.
#Binance launches 47th project, Portal (PORTAL), to expand Launchpool offerings, per Binance news.
Today, $BNB Coin broke out of the pennant pattern, suggesting a possible continuation towards a new high.
Breaking $366.8 resistance could push $BNB Price to $376, then $380, with further progress potentially targeting $400.
As per CoinGabbar Prediction, Failure to surpass last week's high may lead BNB to $350 support; lower levels to monitor include around $330.
KEY LEVELS :
RESISTANCE LEVEL : $372-$380
SUPPORT LEVEL : $356-$348
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