Binance Coin (BNB) experienced a decline below the moving averages on May 14th, however, it quickly recovered from the support line of the symmetrical triangle pattern. This rebound suggests that there was strong buying activity at lower price levels. As a result, buyers will likely attempt to gain control by pushing the price above the resistance line of the triangle. If successful, the BNB/USDT pair could potentially climb to $634 and then to $692, with a formation target of $726. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.
