🏮MARKET UPDATE: $BNB 🏮
$BNB has shown a strong rebound from the $1,050–$1,100 demand zone following yesterday’s sharp correction, reclaiming key intraday levels and regaining short-term momentum. The price is now approaching a major descending trendline resistance around $1,240–$1,250, which will play a crucial role in determining the next directional move.
A decisive breakout and daily close above $1,250 could confirm renewed bullish strength, potentially opening the door for a continuation toward $1,300–$1,350 in the sessions ahead.
However, failure to clear this resistance may lead to a short-term rejection and a pullback toward $1,150, where buyers could once again look to defend support before any further upside attempt.
#CryptoMarketAnalysis #CryptoMarketAnalysis #BNBMarketCapThirdLargest #BNBBreaksATH #BNBMarketCapThirdLargest