BNB has surged past the $1,200 mark, confirming a strong uptrend after breaking out of a falling wedge pattern on the daily chart. The cryptocurrency successfully retested the $1,200–$1,250 breakout zone, forming higher highs and lows. Analysts identify $1,700 and $2,000 as the next key resistance levels, with $2,400 as a potential all-time high target.
On the 3-day chart, BNB has turned the $1,200–$1,250 range into a support level, indicating potential for further gains. However, a decline below $1,200 could suggest a loss of momentum in the current uptrend.
BNB Price Breaks $1,200, Targets $2,000 Amid Uptrend
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