BNB acts very strong above a yearly resistance

BNBUSDT is currently in an accumulation phase above $700, a key yearly resistance level that has consistently marked the end of bullish movements whenever it was previously reached. We've been stagnating above this level for about three months now. I believe this is a great opportunity for swing traders offering a good risk-to-reward ratio. Unless there’s a black swan event affecting BTCUSDT or BNB, I see no reason why BNB wouldn’t reach $1,000 in the next few months.

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