$BNB Bullish Structure Analysis: Despite broader market pressure, BNB is showing resilience near $947, up nearly 1% today. It is currently testing the $952 immediate resistance. Technical indicators are neutral but lean bullish; the price is sitting above the 7-day and 50-day SMAs ($937 and $883 respectively). Bollinger Bands show BNB trading near the upper band, indicating strong pressure to break out toward the $1,000 psychological level.24-Hour Prediction: Probability of a move toward $970 if the $952 resistance is breached with high volume.30-Day Historical Overview: BNB has consolidated strongly above $900 in February, building a base for a breakout. It hit a local high of $956 on January 15 and has successfully defended the $899 support during pullbacks.Market Outcome: Ecosystem upgrades and high exchange volume support a move toward the $950–$1,050 range by late February.

 #BNB #BinanceCoin #Web3 #CryptoAnalysis #Breakout

BNB
BNBUSDT
603.04
-2.57%