Aliens TLDR

Binance Coin price is consolidating around $311 for roughly a week.

Investors can expect BNB to trigger a 20% upswing to $370 and fill the price inefficiency.

Binance Coin price is on a recovery rally and shows promise of a further uptrend.

Adding credence to this run-up is the price inefficiency that is likely to propel BNB higher.

Binance Coin price crashed to $205 on May 13 as the crypto markets crumbled due to the LUNA-UST debacle.

Over the last 24 hours, Binance Coin price has recovered 8% of its losses and shows promise of an uptrend.

Investors can expect Binance Coin price to revert to the mean and fill up the FVG.

BNB/USDT 1-day chart Regardless of the optimism around Binance Coin price, a quick downturn in Bitcoin price could ruin the setup for BNB.

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