Saad Ullah
⬤ Binance Coin (BNB) is catching traders' attention again after bouncing twice from the $850 support zone and pushing higher. Right now, the token is trading just above $900 and testing key resistance levels that could unlock a run toward $1,000. The double bottom formation shows buyers are stepping in at lower prices, which is helping BNB recover from its recent pullback.
⬤ The chart reveals how BNB has been reacting to the same horizontal zones over multiple cycles. The $850 level has become a critical floor where demand kicks in, while overhead resistance is slowing down the advance. This consolidation phase is typical before a potential breakout, and the structure looks healthier than it did a few weeks ago.
⬤ What makes this setup interesting is that BNB is one of the largest crypto assets and powers the entire Binance ecosystem. If it breaks through current resistance, it could signal broader strength across major altcoins. But if $850 fails to hold, the market might slide back into choppy consolidation. For now, the setup looks constructive as long as BNB stays above support and keeps building momentum toward that $1,000 psychological target.
Saad Ullah
