Bnb will go high
The price of Binance Coin $BNB is currently experiencing a pullback or "dumping" after recently hitting a new all-time high (ATH) around the $1,080 to $1,087 range.
Recent Price Action: $BNB has been correcting from this record peak, with some sources indicating a drop of around 4-6% in the last 24 hours. This decline is part of a broader market correction observed across other major cryptocurrencies like Bitcoin $BTC and Ethereum
Bullish Context: Despite this short-term drop, the overall long-term trend is still described as bullish by many analysts.
Next ATH Potential: The sentiment among some analysts suggests that the general bullish momentum could still push BNB back toward and potentially above its recent ATH in the near future, with some resistance levels identified in the $1,050 to $1,090 zone and a potential target around the $1,255 Fibonacci