$BNB

The price increase signals a breakout of the triangle with a target price forecast of $1200.

Binance Coin shows strong bullish momentum as recent price actions signal a potential breakout to the psychologically significant level of $850.

Several technical charts indicate a promising upward trend, supported by active market participation, although caution is advised near key resistance zones where corrections may occur.

Strong upward momentum and testing key resistance.

The analyst's chart highlights a solid upward movement of BNB after a consolidation phase. The token has overcome several resistance levels, reflecting growing market interest and buyer confidence. The price action is now approaching a critical level of $850, a level that often acts as a psychological barrier for traders.

While the overall momentum remains bullish, the chart also warns of potential fatigue near this threshold. If the coin fails to break through $850 with adequate support volume, a correction to the support zone of $835 may occur.