Binance Coin Price Prediction: Technical Setup Targets $790, Then $983 Highs
The post Binance Coin Price Prediction: Technical Setup Targets $790, Then $983 Highs appeared on BitcoinEthereumNews.com. Binance Coin (BNB) continues to exhibit structured momentum within a controlled uptrend, attracting attention for its resilience amid wider market fluctuations. At the time of writing, BNB is trading near $658.80, positioning itself firmly in the middle of a rising channel pattern observed on longer time frames. With stable volume flows and gradual price action, market participants appear to be cautiously preparing for a potential larger move. Technical indicators are beginning to show signs of early accumulation, setting the stage for possible expansion toward major resistance zones. BNB Price Rising Channel Holds As Structure Tightens According to a weekly analysis by @Crypto_TheBoss, BNB has remained inside a well-defined parallel rising channel, with the current range between support at $570 and resistance near $790. The structure illustrates a consistent pattern of higher highs and higher lows, supporting a gradual bullish trend over time. BNB price currently trades mid-channel, offering room for movement in either direction depending on broader market drivers. The analyst also identifies $789.46 as a horizontal resistance level, which aligns with the channel’s upper boundary. Source: X Further, the chart shows a recurring zigzag formation, where retracements are consistently met with buying pressure near the lower channel line. This pattern reinforces the idea of controlled corrections followed by rebounds, suggesting that buyers continue to defend downside moves. The formation has served as a strategic guide for traders focusing on channel entries and exits, with the dashed trendline acting as a mid-range pivot for minor pullbacks or surges. Should the token break above the upper resistance, the next technical target lies at $983.79, a level marked as a long-term upside objective. Binance Coin Price Prediction: 24-Hour Price Action Shows Accumulation Zone In the short term, BNB is displaying limited volatility, trading within a narrow range of $656 to $664 during…
The post Binance Coin Price Prediction: Technical Setup Targets $790, Then $983 Highs appeared on BitcoinEthereumNews.com.
Binance Coin (BNB) continues to exhibit structured momentum within a controlled uptrend, attracting attention for its resilience amid wider market fluctuations. At the time of writing, BNB is trading near $658.80, positioning itself firmly in the middle of a rising channel pattern observed on longer time frames. With stable volume flows and gradual price action, market participants appear to be cautiously preparing for a potential larger move. Technical indicators are beginning to show signs of early accumulation, setting the stage for possible expansion toward major resistance zones. BNB Price Rising Channel Holds As Structure Tightens According to a weekly analysis by @Crypto_TheBoss, BNB has remained inside a well-defined parallel rising channel, with the current range between support at $570 and resistance near $790. The structure illustrates a consistent pattern of higher highs and higher lows, supporting a gradual bullish trend over time. BNB price currently trades mid-channel, offering room for movement in either direction depending on broader market drivers. The analyst also identifies $789.46 as a horizontal resistance level, which aligns with the channel’s upper boundary. Source: X Further, the chart shows a recurring zigzag formation, where retracements are consistently met with buying pressure near the lower channel line. This pattern reinforces the idea of controlled corrections followed by rebounds, suggesting that buyers continue to defend downside moves. The formation has served as a strategic guide for traders focusing on channel entries and exits, with the dashed trendline acting as a mid-range pivot for minor pullbacks or surges. Should the token break above the upper resistance, the next technical target lies at $983.79, a level marked as a long-term upside objective. Binance Coin Price Prediction: 24-Hour Price Action Shows Accumulation Zone In the short term, BNB is displaying limited volatility, trading within a narrow range of $656 to $664 during…
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