BNB Targets Breakout Above $600 After Bullish Flag Formation
BNB is nearing its key $600 resistance level after months of consolidation.
The token has been trading within a relatively tight range, repeatedly attracting buyers around the mid-$500s, prompting some traders to describe this period as accumulation.
A bullish flag formation on BNB's daily chart suggests a potential breakout above $600, which could shift attention toward higher resistance levels if successful.