🚀 $BNB Eyes $1,000 — Is the 50 EMA the Launchpad?
BNB is heating up 🔥 and the charts are speaking volumes.
📈 Weekly Momentum Building
Binance Coin ($BNB) is showing serious strength on the weekly chart, breaking out of a prolonged downtrend and holding firm above the 50-week EMA — a historically strong support level.
🟠 The 50 EMA Advantage
BNB has consistently used the orange 50 EMA as a springboard during pullbacks. Each bounce has reaffirmed it as a dependable support zone, and it’s holding again. Traders are watching closely for another liftoff.
🔍 Technical Highlights
Reclaimed Key Zone: $460–$535 has acted as a historic battleground — now flipped to support.
Multi-Month Breakout: The consolidation is over — trend reversal confirmed.
All-Time High in Sight: A retest of $793 is on the cards.
Target Price: A breakout above ATH could trigger a +45.99% move to $1,000.
📊 On-Chain + Market Momentum
✅ DEX Volume Surge: Up +85.66% in a single week!
➡️ BNB DEX volume hit $34.85B, outpacing Ethereum and Solana — a major bullish sign.
💬 Expert Take:
According to Wise Crypto, BNB bulls are firmly in control. With strong technicals and on-chain tailwinds, a move from $684.85 → $700 is expected soon — a setup for the next leg higher.
🎯 Summary:
Above 50 EMA ✔️
Cleared key resistance ✔️
Volume backing the move ✔️
Targeting $793 → $1,000 🚀
As long as BNB stays above the 50 EMA and the reclaimed zone, the upside potential remains explosive.
🛑 As always, DYOR and manage risk carefully — the crypto markets are not for the faint-hearted.