#BNB_Market_Update
BNB/USDT Technical Outlook (2H – Binance)
BNB is currently trading near 1,145, consolidating after a strong upward rally. The recent correction reflects natural profit-taking following the steep bullish leg that extended from the lower range. Despite short-term pressure, the broader market structure remains positive as the price continues to hold above key support.
If BNB sustains above 1,135 – 1,145, it can regain momentum and push toward the next resistance area at 1,175 – 1,243, with potential extension toward 1,260 if bullish volume increases.
If it fails to hold above 1,135, a deeper retracement toward 1,107 – 1,103 could occur before a possible rebound.
Overall, the short-term bias is neutral-to-bullish, as price consolidates within a healthy correction zone after an extended rally. The Alkon Harmonics AIO Signal Generator continues to support the underlying uptrend, suggesting that any sustained move above 1,150 could re-ignite the next bullish leg toward higher resistance levels.
Abdul Wahab
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