$BNB

BNB Price Analysis: Breaking the $804 Barrier

BNB’s breakout above its 2021 ATH at ~$690 marks a major technical milestone. The rally has been supported by increasing volume and momentum indicators that continue to trend higher. As the coin moves into price discovery mode, traders are turning to Fibonacci extensions and trend-based models to forecast potential upside targets

The surge to $804 occurred after a clear breakout from an ascending triangle, a bullish continuation pattern that typically signals further gains.

The triangle breakout measured move suggests a price target near $1,000, aligning with psychological resistance and Fibonacci projections. However, the RSI is incremental, which is yet to enter the overbought zone, suggesting the price is due for another breakout soon. 

Technical Indicators Supporting BNB’s Rally

Fibonacci Extension Levels

Drawing from the swing low at ~$180 (June 2022) to the $690 high:

0.618 Fib Extension = $804 (already tested and briefly breached)

1.0 Extension = $950 (next short-term target)

1.618 Extension = $1,200 (longer-term, overbought rally target)

These Fibonacci zones are common profit-taking areas during extended bull runs and act as soft resistance.

BNB Price Targets: What’s Next?

Target Level Probability Indicator Basis

950 High 1.0 Fib Extension

short-term target

$1,000 High psychological

could trigger

profit booking

Volume & Order Flow

Breakouts above $700 and $800 have been supported by above-average volume.

Order books across exchanges show thinning resistance until the $950–$1,000 zone.