#BNBUSDT – Future Outlook for the Cryptocurrency on the 1-Hour Timeframe
📈 Expected Recovery
👉 One possible short-term scenario for the pair is a recovery 📈 through a corrective wave that may represent wave (2)/(b), which could take the form of a zigzag pattern.
✨ Breaking through 🏹 the price channel, along with breaking the key level associated with the downward wave, would enhance the likelihood of this recovery. The corrective wave may be confined within a price channel, as shown in the chart. ⚡️
The expected recovery zone lies between the 50% and 61.8% Fibonacci retracement levels of