BNB’s weekly chart aligns with Bitcoin’s earlier rally, targeting $950 and $1,200 resistance levels.
Bitcoin trades at $117,945.67, up 0.43%, while BNB is at $799.73, down 1.88% in 24 hours.
BNB shows weaker short-term momentum, with a 24-hour low of -2.14%.
The weekly price charts for Bitcoin (BTC) and Binance Coin (BNB) have revealed a close similarity in market structure. Bitcoin's recent move above the $100,000 level placed it in a post-breakout phase, indicating positioning before a test of upper resistance near $120,000.
BNB Mirrors Bitcoin’s Earlier Rally
According to Ali Charts observation, BNB’s weekly chart reflects a setup that is comparable to Bitcoin’s past price action. Trading above $799, BNB has recently advanced beyond the $700 mark. This level mirrors Bitcoin’s breakout point before its climb toward a higher resistance range.
Source: X
The price movement has formed a steep upward trajectory with minimal pauses, reinforcing the similarity in chart patterns. BNB’s rise from the $400–$700 zone occurred over a short span, with the move clearing multiple resistance levels. The next major resistance is positioned at approximately $950, followed by a higher level near $1,200 as these levels align with the top range visible on the chart.
Resistance Targets and Comparative Positioning
The current structure indicates that BNB is currently in a market stage comparable to Bitcoin’s earlier surge before approaching its upper boundary. Bitcoin’s corresponding position on the chart shows continued movement toward the $120,000 resistance.
This parallel suggests that BNB’s current momentum places it on track toward testing $950 and $1,200 as immediate resistance points. Both assets show upward trajectories with defined resistance zones ahead. Market data places them in comparable breakout phases, with price action and structure indicating their present positions relative to prior chart movements.
Tracking the ongoing price trend of the assets, a comparative chart from CoinMarketCap reveals that BNB is trading at $799.73, marking a 1.88% decline over the past 24 hours. The price chart shows a downward trend beginning in the previous session, with intraday movements fluctuating before reaching the current level.
Source: CoinMarketCap
Bitcoin, in comparison, is priced at $117,945.67, reflecting a 0.43% increase. BNB’s 24-hour low performance reached around -2.14%, indicating weaker momentum against Bitcoin during the same period. Market capitalization for BNB stands at $111.39 billion, while 24-hour trading volume totals $2.19 billion, down 8.69%. Price action indicates BNB remains below recent highs, with fluctuations continuing within a defined intraday range against broader market movements.
