- BNB price holds above $700 support, targeting $950, $1,050, and $1,200 if momentum continues.
- Short-term resistance sits at $820–$830, with $790–$780 acting as a key demand zone.
- Failure to hold $790–$780 may send BNB toward $770.47, $751.40, and $730.54 support levels.
BNB price has extended its upward momentum, breaking through key resistance zones and positioning itself for a potential test of higher targets.
Recent technical patterns suggest that the cryptocurrency could follow a trajectory similar to Bitcoin’s historical breakout phases, with the $1,200 level emerging as a long-term objective. However, analysts note that holding above the $790 support zone will be critical to sustaining this trend.
BNB Price Mirrors Bitcoin’s Historical Breakout Pattern
The comparative analysis of weekly charts for Bitcoin (BTC) and Binance Coin (BNB) shows a notable similarity in their breakout structures. Bitcoin is trading near $116,473 after a decisive move above $95,000, with $110,000 serving as immediate support.
Historically, this kind of setup has preceded a strong rally toward the $120,000 range.
Similarly, BNB’s weekly chart mirrors BTC’s trajectory during earlier bull cycles. Trading around $777, BNB has recently moved above the $700 resistance area with multiple bullish weekly candles.
Additionally, resistance levels are projected at $950, $1,050, and $1,200, with the upper target reflecting a symmetrical projection of Bitcoin’s earlier market pattern. This alignment suggests BNB could attempt a similar sustained climb if market conditions remain favorable.
Key Support Zones Could Define the Next BNB Price Rally
The $650–$700 range has now formed a major support base for BNB, attracting renewed buying interest. Holding above this level is essential to maintain bullish momentum and encourage further long positioning.
Historical price reactions indicate that this zone previously served as a consolidation area before significant upward movements. In the near term, the $850–$950 supply zone remains the next major obstacle for BNB. A successful breakout above this area could open the path toward four-digit valuations.
Technical analysts point out that this zone has acted as a resistance block in past cycles, and overcoming it would signal market conviction toward $1,200 mark.
Short-Term BNB Price Action
On shorter timeframes, the BNB price shows sustained bullish momentum after breaking past multiple resistance levels. The 1-hour chart reveals that liquidity has been absorbed in the mid-$800 range, enabling buyers to push toward the $820–$830 zone.
This region currently serves as immediate resistance, aligning with the upper boundary of a prior supply area. A short-term pullback from $830 is anticipated, with the $790–$780 range likely to act as a demand zone.
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