BNB weekly chart shows strong upward momentum, supported by the 50-week Exponential Moving Average (EMA) acting as solid dynamic support.
BNB broke above a descending resistance line and reclaimed a major support-resistance zone, transforming it into a base for the ongoing rally.
The breakout and reclaimed zone provide strong technical confirmation for BNB's upward trajectory, with crucial support levels needing to hold for continued upside momentum.
Analyst UniChartz is confident in BNB's bullish structure, targeting a retest of the all-time high near $793 and potential further rally towards $1,000, contingent on sustained bullish momentum and supportive market conditions.