BNB Bulls Show Strength, Targeting $1,230–$1,300 Zone

BNB is showing signs of recovery after a brief pause, with bulls pushing to regain momentum. The next significant resistance level is expected around the $1,300 mark.

Weakness in Wave (5)

The recent rally in BNB may be nearing its end as momentum weakens.
Analysts suggest that the current structure shows declining buying pressure, indicating a possible retracement or sideways movement.

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Flexibility is advised as market uncertainty persists. There's no clear sign that the broader Wave 4 pullback has ended, and another downward move remains possible. However, the long-term trend is positive if key supports hold.

Bulls Target $1,230–$1,300 Zone

BNB's price is showing early signs of strength, with potential to reach the $1,230–$1,300 range.
This upward movement could signal a continuation of the uptrend and attract more traders.

Currently, BNB has declined by 6% in the past 24 hours, trading at approximately $1,027. Its market cap stands at around $141.34 billion, with a 24-hour trading volume of $2.85 billion, indicating high activity among traders.

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