🏮MARKET UPDATE: $BNB 🏮
$BNB has successfully broken out of the descending channel after days of consolidation. The breakout above $975–$980 confirms that buyers have stepped back in, defending the lower range around $920–$930.
Currently trading around $983, momentum is building, and if price sustains above the breakout zone, upside targets open towards $1,020–$1,050 in the short term.
⚠️ However, if BNB fails to hold above $975, a retest of the channel support around $940–$950 could follow before any continuation higher.
📌 Key levels to watch:
Resistance: $1,020 / $1,050
Support: $975 / $940
This breakout could mark a trend reversal if follow-through volume continues.
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