BNB Bulls Push Toward $1,200 as Price Hits 7-Year Ceiling

BNB Bulls Push Toward $1,200 as Price Hits 7-Year Ceiling
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BNB is trading at $910 after rising 1.6% in the past 24 hours, once again approaching the long-standing resistance level that has defined its trend for nearly seven years. Volume dropped 26%, but it still exceeds $2 billion, keeping market activity at a solid level.

Analysts note that the token is once again touching the upper line of its long-term ascending channel, a level the price has tested five times since 2018. Each previous retest led to higher highs, which keeps expectations for a breakout alive if volume spikes. Technical models set the first targets between $950 and $1,000, while Fibonacci projections outline an extended range between $1,150 and $1,500 heading into 2026.

The weekly RSI remains near 58 with a bullish divergence that signals underlying strength. The MACD has confirmed a positive cross, reinforcing the potential for a move higher if BNB breaks out of the channel. Analysts emphasize that this zone continues to define the token’s pace and that the upcoming sessions will determine whether long-term demand can push BNB above the levels that have capped its price for nearly a decade.

Source: https://coinmarketcap.com/currencies/bnb/


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This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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