bullish

Resistance

would

Coin

<ul class="wp-block-list cnl-post-highlights-list">
 <li>It breaks resistance targets level on its way towards a $5,236 price target.&nbsp;</li>  
 <li>BNB broke, having surged 1,364 percentage points above critical resistance levels.&nbsp;</li>  
 <li>Further price targets for BNB are $3,015, $4,260, and $5,236.&nbsp;</li> 
</ul>  
<p>Recently, Binance Coin (BNB) broke through some essential resistance points, indicating that it might be heading for its massive bullish rally. Such chart analyses suggest that the cryptocurrency has already advanced over $600 from a support level on $520, representing more than 1,364% from past local lows. The breakout has catapulted BNB to potentially higher prices than the expected target of $5,236. If it persists in these bullish trends, long-term gains for Binance Coin might be even higher, making it one of the top gainers in the current crypto market.&nbsp;&nbsp;&nbsp;&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/CryptoPatel/status/1903356241826496944
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</figure>  
<h2 class="wp-block-heading" id="strong-price-action-support-and-resistance-levels-strong"><strong>Price Action, Support, and Resistance Levels</strong></h2>  
<p>The BNB/USDT chart spotlights a clear uptrend channel that has been opened since 2018. The price struck a major support level of $520, which triggered the most important move upward. After crossing the resistance trendline, the coin reached a high of $606 before encountering a temporary consolidation phase at its recent price. Now the price is targeting a level of 5,236, which will translate into a 1,772% increase from the current position. <a href="https://cryptonewsland.com/cardano-ada-investors-jump-ship-for-lightchain-ai-presale-chasing-23000-gains/" target="_blank" rel="noopener noreferrer nofollow">Investors </a>waiting to enter the market with strong moves should study all supports below $600, as this will hint at further consolidation before next rally.</p>  
<p>Observing the chart, the digital token has shown growth over the years. Breaking the resistance trend line actually shows that Binance Coin has entered an upward bullish pathway that is mostly going to be sustained in the long-term. Next for BNB Price is expected to point up towards $5,236 as defined by the price patterns and previous resistance levels. It is a jaw-dropping return for early investors since the token has remained mostly on an upward pyramid path since 2018. Traders then will have to watch closely to see if there are any immediate signs of consolidation or reversal to know the next possible move.&nbsp;</p>  
<h2 class="wp-block-heading" id="strong-long-term-perspective-and-important-price-targets-of-bnb-strong"><strong>Long-Term Perspective and Important Price Targets of BNB&nbsp;</strong></h2>  
<p>Short-Term price projections are terrific for <a href="https://cryptonewsland.com/bnb-chain-leads-decentralized-trading-volume/" target="_blank" rel="noopener noreferrer nofollow">BNB</a>; however, it would be naive to forget the larger picture of the global economy and the risks that lie therein. Price target at $5,236 is still within reach since dynamism and resistance of the continued movement go this way. BNB must hold support above $600, without which bearish reversal signals could show if the price breaks below this resistance. The next target for BNB levels would be $3,015.92, then afterwards, $4,260 and $5,236, understanding what might happen next in price movements.</p>

Pay Attention to BNB’s Breakout as It Aims for $5,236

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