BNB Price Momentum Reignites – Why Bulls Could Aim For 15% Rally

BNB price gained momentum and climbed above the $250 resistance. It is up over 5% and the bulls could soon aim for a move toward the $300 level.

BNB price is moving higher above the $250 resistance. The price is now trading above $255 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support at $253.5 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move up if there is a clear move above $268. BNB Price Jumps 8%

These past few days, BNB price remained stable above the $240 resistance. The bulls stepped in and were able to clear a major hurdle at $250. It opened

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