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BNB/USDT Analysis

As we wrote in our previous postings under the #TechnicalAnalysis tag, prices in the market are starting to recover. We were right again.

The recovery has also touched BNB. As we can see from the local timeframe (4 hours) of the chart, there are several arguments for the growth. Firstly, the inverted head and shoulders pattern was formed and it started to work. Secondly, the price has consolidated above the key mirror level at $230.

In the future we expect growth to continue. Apart from the TA arguments, the market fundamentals also speak for the growth. We can analyze them in the next publications. Put
 to speed up their appearance!

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