Key Resistance Test Signals Binance Coin 16 Percent Rally Ahead

[MadWhale]

Fundamental analysis:
BNB burns have cut supply ~30% since 2017, while big holders like BNB Network Company push demand. Less supply and concentrated buying could boost price, as past burns often led to big rallies.

Technical analysis:

BNBUSDT
has precisely reached its previous target and is trading within a rising channel, now approaching the upper boundary; a breakout could trigger a 16% rally toward $1,280.