BNB Price Primed For Rally And Only 1 Thing Is Holding It Back

BNB price (Binance coin) is recovering above $240 against the US Dollar. The price might gain bullish momentum if it clears $250 and $255.Binance coin price is attempting a recovery wave above $232 against the US Dollar.
The price is now trading below $240 and the 100 simple moving average (4 hours).
There was a break above a major bearish trend line with resistance near $235 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair might gain bullish momentum above $250 and $