Can BNB reclaim $780? THESE levels stand between Binance Coin and $1K

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Last week, Binance Coin reached $780 by breaking through the $745 resistance, its May high, marking a shift from bearish to bullish trend on the long term. Technical indicators (CMF, OBV, RSI) are broadly bullish on the daily chart, with a significant support zone between $697 and $715, the Fibonacci golden pocket. BNB bounced encouragingly from this area, reflecting buyer conviction. Without a massive BTC sell-off, the next targets sit between $950 and $960 on the weekly chart, with $1,000 as a key psychological resistance. A breakdown below $697 would signal the first trouble for bulls, and a drop below $674 would invalidate the bullish scenario with a likely retracement to $589-$630.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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