$BNB
BNB Price Surge Signals Triangle Breakout with $1200 Target Price Prediction
Binance Coin is showing strong bullish momentum as recent price action signals a potential breakout toward the psychologically significant $850 level.
Multiple technical charts reveal an encouraging upward trend backed by active market participation, although caution is advised near key resistance zones where pullbacks may occur.
Strong Upward Momentum and Key Resistance Test
Analyst chart highlights BNB’s robust upward movement following a consolidation phase. The token has overcome multiple resistance levels, reflecting growing market interest and buyer confidence. Price action is now approaching the critical $850 mark, a level that often acts as a psychological barrier for traders.
While the overall momentum remains bullish, the chart also warns of possible exhaustion near this threshold. If the coin fails to break through $850 with solid volume backing, a retracement toward the $835 support zone could unfold.
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