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BNB (BNB) is trying to form a higher low at $520, indicating solid buying by the bulls at lower levels.
The bulls will try to push the price toward the downtrend line, which is expected to act as a solid barrier. If the price returns from the downtrend line, it will indicate that the bears are active at higher levels. The
BNBUSDT pair may oscillate inside the triangle for a while.
The support line is the crucial level to watch out for on the downside. A break and close below the support line could open the doors for a fall to $460. Buyers are expected to defend the $460 level with all their might because a break below it may sink the pair to $400.