Bnb/Usdt -Symmetrical Triangle Formation With Breakout Potentil

Binance Coin (BNB/USDT) is currently forming a symmetrical triangle pattern, indicating a potential breakout setup as price consolidates between converging trendlines.

The resistance zone (R) highlighted in red marks a strong supply area where previous bullish attempts were rejected. Meanwhile, the support zone (S) in blue represents a key demand region that has repeatedly provided a solid base for price rebounds.

At the moment, BNB is trading near the lower trendline of the triangle, suggesting that a decisive move is imminent.
• A bullish breakout above the upper trendline could lead to a continuation toward the resistance zone and the next target area around 1,350–1,375.
• A bearish breakdown below the ascending support trendline would signal potential weakness, with a downward target near the 1,175–1,150 support region.

Overall, the market remains in a neutral consolidation phase, awaiting confirmation from either a breakout or breakdown to determine the next directional move.