BNB is teetering on the edge of a breakout, and the bulls are itching to take charge! After climbing toward $825, BNB faced a hiccup, pulling back from $815 but holding strong above the critical $800 mark and the 100-hour SMA. On the hourly BNB/USD chart, a tantalizing contracting triangle is forming, with solid support at $804, signaling a potential springboard for the next rally. The price recently bounced from a low of $792, surging past the 50% Fib retracement of the $827 high to $792 dip, now flirting with $810. If the bulls can muscle through the $815 resistance—aligned with the 61.8% Fib level—a breakout could propel BNB to $820. A decisive close above this could unleash a charge toward $832, with $840 and even $850 in sight for the bold. But the bears are lurking. If $815 proves too tough, support at $804 and $800 will be tested, with $792 as the last line of defense. A break below could spark a slide to $780 or even $768, derailing the rally. Technicals are flashing green: the hourly MACD is gaining steam in bullish territory, and the RSI is comfortably above 50, hinting at growing momentum. With the market buzzing and BNB poised at this pivotal zone, the question is: can the bulls seize control and ignite the next surge, or will the bears claw back dominance? The stage is set for a thrilling showdown!
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