On the BNBUSD M15 chart, the recent price action reveals a potential bullish reversal after a prolonged consolidation phase. Following a downtrend from 569.403 to 550.313, the market has formed a bullish engulfing pattern near the critical support level of 550.313, with the close at 551.473 breaking above the prior high. This breakout is confirmed by the recent increase in volume, particularly on the 551.473 close, which suggests renewed buying interest. The price now appears to be retesting the 551.473 high, forming a bullish flag setup with a descending trendline as support. The recent low at 550.313 acts as a…

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