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$BNB Targeting a Break Toward the 1,050–1,120 Zone🔥

If you study the recent structure closely, you’ll notice how $BNB has been building a rounded base right above the major support created after the drop toward the 930–950 range. This level has acted as a strong demand zone multiple times, and price has refused to break below it even while the broader market stayed under pressure. The chart clearly shows a long downtrend followed by a slowing decline, a base formation, and repeated higher-lows at the bottom—early signs of strength returning after weeks of distribution.

What makes this setup bullish is the way price has reclaimed the short-term resistance and is now pressing against the horizontal barrier that caps the recent range. Once BNB pushes through that ceiling around 970–985, the same breakout pattern that previously sent the market to 1,182 can repeat here. The upside liquidity pocket remains untouched, and any clean breakout candle can trigger a fast move back toward the 1,050, followed by 1,100–1,120 where major sellers are likely waiting.

Bullish momentum remains valid as long as BNB holds above 930. A drop below this level would shift the setup back into weakness and invalidate the bullish structure.