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BNB Clears Multi-Year Trendline: A New Bullish Chapter Begins Binance Coin (BNB) has broken out of a long-term resistance line that held it back for over two years. This move could mark the start of a new bullish phase in its price action. 🔍 What Happened On the weekly chart, BNB has closed above a descending trendline that dates back to late 2023. This breakout comes with a strong green candle and rising trading volume—both clear signs that buyers are stepping in, giving the move credibility. 📈 Why It Matters BNB now trades above its 50-week and 100-week moving averages, which both trend upward—a healthy sign for longer-term strength. If the breakout holds, BNB could climb toward the $850–$900 range, levels it last saw during mid‑2022 highs. A retest of the old trendline around $700–$720 may offer a safer opportunity to enter or add to positions. 🌀 Short-Term Choppiness In shorter time frames, BNB has shown mixed behavior: The price briefly surged toward $805, then fell back to around $760, suggesting resistance still sits overhead. Trading volume peaked during the breakout but has since cooled off, hinting that this move is driven more by short-term traders for now. 🧭 What to Watch Next Will BNB stay above the trendline? If so, upward momentum could build toward the $850–$900 zone. Will it retest support? A dip to the $700–$720 trendline could validate the breakout and offer another chance to enter. Volume behavior: Higher volume on up-days would support a stronger breakout; falling volume may signal hesitation. Summary BNB has taken a step forward by breaking free of a two-year ceiling. If momentum holds and support follows, it could rise toward key resistance zones near $850–$900. For cautious traders, a retest around $700–$720 might offer confirmation before moving higher. #BNBBreakSsATH #BNBToken #BNB_Market_Update
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The Clarity Act now recognizes only three blockchains as “Likely Mature” under US standards 🇺🇸 — Bitcoin, Ethereum, and Cardano. #bitcoin #Ethereum #Cardano #CLARITYBill
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