Lingrid | BNBUSDT Market Readies for a Potential Surge

The price perfectly fulfilled my last idea. It hit the target. BNBUSDT market is currently consolidating above the key level at 700, indicating a potential accumulation phase. Given that the price has been forming higher highs and higher lows, there is a bullish sentiment developing. The recent break and close above the previous weekly highs further supports this bullish outlook. Considering the recent price drop of 20% and the fact that it has spent over 20 days moving sideways, there is a strong possibility that the market could experience a significant surge in the near future. The consolidation period often sets the stage for a breakout, and if the upward momentum continues, we may see a substantial bullish move. My goal is resistance zone around 770.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻