You guys must be hearing all types of bearish stories on how BNB could break 220 and fell straight below 100$ in some of atrocious posts by some influencers. All those people were calling for 1000$ on bnb when we were hitting resistance around 350$ in Apr 2023 and now calling for break of Pivot support at 220$. So lets follow basic process here and watch Price action. BNB is forming Bullish market structure in 4 Hour Time Frame creating series of HH & HL since that LL form June 12th. If manages to form yet another Hl at 238$, a move to Sr flip at 267$ seems inevitable. In case of break of previous HL at 230, structure becomes invalid and lower levels will be targeted.
