BNB Chart Pattern Signals Ongoing Bullish Momentum

What was once a key resistance level has now flipped into a solid support zone—an encouraging bullish signal that highlights the strength of BNB’s upward trajectory. The recent successful retest of this level confirms renewed buyer interest and reinforces the legitimacy of the breakout. If this support continues to hold, BNB appears poised for further gains as bullish momentum builds and the overall market structure remains favorable.

The broader bullish setup stays intact as long as BNB holds above this crucial support. This sustained strength suggests a strong potential for continued upward movement, especially with the path toward a new all-time high (ATH) near $794 becoming increasingly plausible.

Supporting this outlook is the 50-day Exponential Moving Average (EMA), which serves as dynamic support by tracking price action closely and absorbing minor pullbacks. The price remaining above this moving average confirms the ongoing uptrend and signals that, barring a shift in broader market sentiment, BNB may be gearing up for a longer-term rally.

Currently, BNB is approaching the critical $605 resistance level—a psychologically significant zone that has historically attracted selling pressure. A decisive breakout above this level, particularly if supported by a surge in trading volume, would underscore buyer dominance and potentially ignite a fresh wave of institutional and retail interest.

Such a breakout could open the door for BNB to challenge previous ATHs, targeting resistance levels at $680, $724, and beyond. Until then, traders should closely monitor price action around $605, as it could dictate the direction of BNB’s next major move.

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