$BNB

Binance Coin (BNB) is eyeing a potential 35% rally, with bullish momentum signaling a move toward $700. The recent release of Binance founder Changpeng Zhao (CZ) has sparked renewed interest, as his future plans focus on blockchain, AI, and biotech investments. Despite a brief 0.75% dip in price to $597, the formation of an inverted head and shoulders pattern points to a continued rally

CZ's post-release statements have bolstered investor sentiment, with Binance thriving even in his absence. While the market waits for the next moves, BNB’s bullish breakout from $482 to $618 suggests a 34% surge could be in the cards, targeting the $800 mark. However, caution is advised—long-wick rejection candles hint at a potential bull trap, especially if the $595 support level fails.

BNB poised for a breakout, or the market can face a correction before hitting $700

The coming days will be crucial

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