BNB Charges Toward New ATH—But One Critical Support Zone Could Make or Break the Rally
BNB’s bull run isn’t just alive—it’s accelerating. The token keeps carving through resistance levels like a hot knife through butter, but traders are eyeing a make-or-break support zone that could decide whether this rally goes parabolic or gets kneecapped by profit-taking.
Key levels to watch: The $600–$650 range has flipped from resistance to support—for now. Lose that floor, and even the most diamond-handed holders might start sweating. Hold it? Then we’re likely looking at a retest of all-time highs with room to run.
Meanwhile, Bitcoin maximalists are muttering into their spreadsheets about ’altseason froth’—as if their precious BTC never saw a 20% correction after a 5x move. The market’s voting with its wallet: BNB’s ecosystem growth and burn mechanics keep attracting capital like a DeFi yield farm in 2021.
Support Flips Bullish: Former Resistance Now Fuels Rally
In the post on X, UniChartz emphasized a critical development in BNB’s recent price action. He pointed out that the asset has broken above a long-standing descending resistance line, a MOVE that signals a possible shift in overall market structure. This breakout is a bullish signal on its own, but what makes it even more compelling is that BNB has also reclaimed a major support-resistance zone.
According to UniChartz, this reclaimed zone, once a hotly contested battleground between buyers and sellers, has now transformed into a solid base for the ongoing rally. This transition from resistance to support reflects growing bullish conviction and suggests that market participants are more willing to accumulate at higher levels, rather than sell into strength.
The descending trendline breakout and the firm support zone add strong technical confirmation to the upward case for BNB. UniChartz highlighted that these two zones are now acting as crucial pillars for the current uptrend and must hold to keep upside momentum intact. As long as the price holds above this reclaimed level, the path appears clearer for further upside, with bulls potentially targeting higher resistance zones in the coming weeks.
BNB Bullish Structure Intact
Delivering his final verdict, analyst UniChartz expressed a confident outlook on BNB’s trajectory, noting that the technical structure remains decisively bullish. Should BNB maintain its footing above these areas, UniChartz believes the next major objective will be a retest of the all-time high region NEAR $793.
This level marks a significant psychological and technical barrier, and a successful challenge could serve as a strong catalyst for the asset. If bulls manage to break and close above this target with volume, it may open the door for an extended rally, propelling BNB toward the $1,000 milestone and beyond.
Such a move would reaffirm the strength of the current trend and solidify BNB’s status as one of the top-performing assets in the crypto space. However, continued bullish momentum, healthy market conditions, and supportive volume patterns will be key factors in determining whether BNB can sustain this upward trajectory and push into a price discovery phase.
