BNB has rebounded above $920, approaching the key 7-year ascending channel resistance for the sixth time. Historically, this pattern often signals higher highs. Analysts point out that if strong volume breaks this resistance, it could trigger a multi-phase rally, with an initial target around $950-$1000, and potentially reaching $1150-$1500 by mid-2026. Despite the current bearish market sentiment, technical indicators such as a bullish RSI divergence and a MACD golden cross continue to support a positive market outlook.
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BNB has rebounded above $920, approaching the key 7-year ascending channel resistance for the sixth time. Historically, this pattern often signals higher highs. Analysts point out that if strong volume breaks this resistance, it could trigger a multi-phase rally, with an initial target around $950-$1000, and potentially reaching $1150-$1500 by mid-2026. Despite the current bearish market sentiment, technical indicators such as a bullish RSI divergence and a MACD golden cross continue to support a positive market outlook.