BNB Breaks Channel as Bullish Momentum Strengthens

BNB breaks out of a two-month descending channel as the 4H structure turns increasingly bullish with strong momentum.

The asset trades near the upper 24-hour range, showing firm buyer activity and steady accumulation behavior.

Market metrics and volume trends indicate sustained interest as BNB forms a series of higher lows and higher highs.

BNB price shows a shift in market structure as the asset exits a controlled downtrend that lasted nearly two months. Strong buying interest helps maintain upward traction across multiple sessions.

Breakout Shifts Market Structure

BNB moved through the upper boundary of its descending channel after weeks of controlled downward movement. The pattern carried lower highs and lower lows until a decisive candle breached the trendline. The move signaled a structural shift supported by steady momentum.

A higher low formed near the mid-$820 area before the breakout, showing that sellers were losing pressure within the channel. This level acted as an exhaustion zone during earlier attempts to push price lower. The formation of a higher low often precedes a shift in directional bias.

A chart shared by analyst ZAYKCharts noted a potential target of 20–23%, pointing toward the $1,020–$1,050 region. This projection matches nearby liquidity zones and historical reactions. A retest between $880 and $900 may help confirm acceptance above the former channel resistance.

Source: X

Price Action Gains Momentum on Rising Participation

BNB as of writing trades at $903.37, posting a 5.4% rise in the past 24 hours. The 24-hour range between $856.41-$908.27 reflects steady buying interest. A smooth upward curve shows a controlled accumulation phase rather than emotional trading.

The asset recovered quickly after a sharp reaction near the upper $900s. This recovery formed part of a higher-high and higher-low pattern visible across the right side of the chart. The sequence shows firm activity from buyers across multiple intraday windows.

Market data as of writing, shows a trading volume of $2.16 billion, confirming active participation. Market capitalization stands at $124.1 billion, with circulating supply closely aligned with total supply. This relationship supports stability as demand increases during upward phases.

Structure Supports a Push Toward Higher Levels

A broad intraday base formed around the mid-$870 area, acting as a foundation for the later advance. The zone absorbed sell-side activity before the upward continuation toward $910. This formation shows a stable platform for further attempts toward upper ranges.

BNB remains positioned near the top of its 24-hour band, showing market comfort at elevated prices. Sustained trading within this region reflects the presence of buyers willing to support the structure during pullbacks. This behavior keeps momentum intact as sessions progress.

If market engagement continues and structure holds, BNB may approach the $920–$950 range. This area serves as an important point for the next directional move as the asset transitions out of its multi-week corrective pattern.

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