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🚀 BNB Shatters Resistance: Triangle Breakout Targets $850 in High-Stakes Crypto Rally

🚀 BNB Shatters Resistance: Triangle Breakout Targets $850 in High-Stakes Crypto Rally

Published:
2025-08-16 20:30:37
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BNB just ripped through a critical technical pattern—and traders are scrambling to front-run the projected 40% surge.

### The Chart Whisperers Called It

That ascending triangle formation wasn’t just textbook. It was a coiled spring. Now that BNB’s cleared the upper trendline, analysts see a clear runway to $850. No ‘maybe,’ no ‘if BTC holds’—just pure chart math. (Though let’s be real: when has crypto ever followed a script?)

### Liquidity Hunters Are Circling

Market makers smell blood. With stop-loss clusters above the breakout zone, this could turn into a self-fulfilling prophecy. Even the skeptics admit: the order book’s stacked for momentum. Just don’t mention how often these setups get ‘fakeout’ stamped on them post-pump.

### The Cynic’s Corner

‘Technical analysis in crypto is just astrology for finance bros’—until it works. Then suddenly everyone’s a genius. Meanwhile, retail bags get heavier.

BNB’s next move? Either a golden ticket or another masterclass in ‘buy the rumor, sell the news.’ Place your bets.

Binance Price Prediction: BNB Eyes $1,000 Target After Key Breakout

Multiple technical charts reveal an encouraging upward trend backed by active market participation, although caution is advised NEAR key resistance zones where pullbacks may occur.

Strong Upward Momentum and Key Resistance Test

Analyst chart highlights BNB’s robust upward movement following a consolidation phase. The token has overcome multiple resistance levels, reflecting growing market interest and buyer confidence. Price action is now approaching the critical $850 mark, a level that often acts as a psychological barrier for traders.

Strong Upward Momentum and Key Resistance Test

Source: X

While the overall momentum remains bullish, the chart also warns of possible exhaustion near this threshold. If the coin fails to break through $850 with solid volume backing, a retracement toward the $830 support zone could unfold.

In such cases, traders should watch for price stabilization and consolidation near $830, as this will likely influence crypto’s next directional move. Technical indicators like RSI and MACD suggest that although the bullish trend persists, it may experience short-term pullbacks before any decisive breakout materializes.

Intraday Price Fluctuations Reflect Healthy Market Demand

A closer look at intra-day price movements shows BNB trading near $836, exhibiting steady but moderate gains. Volume peaks have been aligned with upward price swings, indicating healthy demand from traders capitalizing on momentum.

Particularly in the latter part of the trading session, volume climbed, suggesting sustained interest and activity.

Intraday Price Fluctuations Reflect Healthy Market Demand

Source: BraveNewCoin

The MACD line crossing above the signal line signals strengthening bullish momentum, supporting the potential for continued gains in the near term. However, as the token nears resistance zones, market participants should be prepared for possible consolidation or minor corrections before any further upward push.

The Chaikin Money FLOW (CMF), hovering slightly negative, implies there may still be some selling pressure, possibly from institutional or large-scale traders, tempering immediate price advances.

Technical Indicators Highlight Building Momentum With Some Caution

According to TradingView chart underlines a significant bullish pattern emerging for BNB as the price continues trending upward. Support levels have held firm, with resistance presenting itself around $840. Currently, the coin is in a crucial phase of its bullish run, pressing close to these resistance levels.

Technical Indicators Highlight Building Momentum With Some Caution

Source: TradingView

Momentum indicators bolster this outlook: the MACD histogram has moved into positive territory, showing rising buying pressure, which suggests bulls retain control and favor continued upwards movement. However, the CMF remains just below zero, indicating a slight drop in buying intensity. This divergence raises the possibility of a temporary slowdown or price correction within the coming days.

Traders should watch closely for a breakout above $850, which WOULD confirm that the bullish trend is intact. Failure to surpass this level convincingly may lead to a pullback, potentially retesting lower support levels such as the $830 zone before attempting another rally.

Memecoins’ recent price surge reflects strong market interest with an imminent test of the $850 resistance level. Positive volume trends and bullish technical signals support the prospect of a breakout, but traders need to remain vigilant for possible short-term pullbacks and consolidations. A decisive, volume-backed MOVE beyond $850 could pave the way for further gains, while failure may return focus to the robust supports near $830.

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