The price of BNB experienced a decline below the moving averages on May 14th; however, it quickly recovered from the support line of the symmetrical triangle formation. This signifies a strong buying interest at lower levels. Buyers are expected to make further efforts to gain control by driving the price above the resistance line of the triangle. If successful, the BNB/USDT pair could potentially reach price levels of $634 and $692, with a formation target of $726. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.
