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    Home»Cryptocurrency»BNB Price Chart Flashing Bullish Signal: $4,500 Ahead?
    Cryptocurrency

    BNB Price Chart Flashing Bullish Signal: $4,500 Ahead?

    By October 16, 2025No Comments3 Mins Read
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    BNB trades close to key resistance as analysts eye targets at $1,800, $2,500, and $4,500. Futures open curiosity nears $2.5B, exhibiting demand.

    Binance Coin (BNB) is nearing a key technical stage as market consideration turns as to whether the value can escape of a long-standing vary.

    The asset is buying and selling inside a rising construction on the upper timeframes, and analysts are awaiting any clear transfer above the present resistance.

    BNB Trades Close to Main Resistance

    BNB is buying and selling round $1,181 at press time, down barely over the previous 24 hours and practically 10% decrease on the week. Even with the dip, the value stays inside a rising channel that has developed over a number of years. The higher boundary of this channel sits close to $1,400, a stage that has beforehand induced reversals.

    Analyst Jonathan Carter described this level as a “make-or-break second” for BNB. He mapped out longer-term targets at $1,800, $2,500, and $4,500, supplied the present resistance space is cleared. These ranges are primarily based on earlier worth reactions and key horizontal zones.

    #BNB Ascending Channel About to Unfold?🤔

    Binance Coin is testing the higher border of the ascending triangle on the 2W chart🔍

    Lengthy-term goal ranges: $1,800 → $2,500 → $4,500🎯

    Make-or-break second👨‍💻 pic.twitter.com/X2AZpahvvo

    — Jonathan Carter (@JohncyCrypto) October 14, 2025

    The 50-period transferring common is rising under the present worth, and the RSI stays impartial, permitting room for continued motion if momentum builds.

    Moreover, BNB discovered assist at $1,069.75 in the course of the latest pullback. It has since rebounded and is now buying and selling above $1,140. This stage has change into necessary as worth continues to hover inside a spread between $1,120 and $1,200, which seems to be appearing as a call zone.

    You may additionally like:

    Market watcher Cranium noted,

    “Patrons nonetheless in management with worth motion exhibiting resilience on this zone.” He added, “If we break $1,200 once more, subsequent cease gonna be new highs.”

    Up to now, the extent has held, however one other check of $1,200 could also be wanted to substantiate momentum.

    Derivatives Market Indicators Dealer Curiosity

    In keeping with Coinglass, BNB futures open curiosity is slightly below $2.5 billion. This determine has grown steadily since mid-July, monitoring alongside worth positive factors. The rise in open curiosity displays rising participation within the BNB market.

    Supply: Coinglass

    Whereas open curiosity has pulled again barely from its latest peak, the general stage stays excessive. Merchants look like sustaining publicity, and market positioning nonetheless leans towards a continuation, supplied BNB stays above the important thing assist ranges.

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