BNB Bulls Charge Ahead as Breakout Nears: Key Levels to Watch
BNB is demonstrating renewed bullish momentum following an extended period of consolidation, with technical indicators signaling a potential upward surge. The cryptocurrency has decisively broken above a symmetrical triangle pattern on the daily chart, confirming a double-bottom reversal—a classic bullish signal.
Traders are closely monitoring the $644-$650 resistance zone as BNB approaches potential all-time highs (ATH). The breakout gained credibility after a successful retest of former resistance, now acting as support. On-chain data and network fundamentals further strengthen the bullish case. Market participants await a confirmed close above critical technical thresholds to validate the next upward leg.