BNB Price Increase To Continue? This Resistance Could Trigger Fresh Rally

BNB Price Increase To Continue? This Resistance Could Trigger Fresh Rally

BNB price is attempting a fresh increase from the $288 zone. The price could start a fresh rally if there is a clear move above the $310 resistance.
BNB price is showing bullish signs above the $300 pivot level.
The price is now trading below $310 and the 100 simple moving average (4 hours).
There is a key bearish trend line forming with resistance near $306 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair gather bullish momentum if there is a close above the $308-$310 resistance zone.
BNB Price Eyes Fresh Rally
In the past few days, BNB price started a decent increase and cleared the $300 resistance zone, unlike Bitcoin and Ethereum. There was a move above the $305 level before the bears appeared.
A high was formed near $313 and the price recently started a downside correction. There was a move below the $308 level. The price declined below the 50% Fib retracement level of the upward move from the $287 swing low to the $313 high.
BNB is now consolidating ne

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