BNB is holding bullish momentum within a well-defined rising channel, with strong support near the $500 zone. As the price hovers around $650, analysts suggest the next breakout could target levels above $1,000 if the trend holds.

Technical Setup Suggests Renewed Rally

BNB is trading firmly within its ascending channel, respecting the lower trendline around $500—a level widely watched by traders as a long-entry signal. A bounce from this area historically precedes sharp upward moves. With the market showing signs of shifting from volatility to strength, BNB appears primed for another leg up.

Over the past week, the token has posted a modest 1.9% gain, but the structure remains technically sound. Fibonacci extensions place near-term targets at $768 and $899, while the upper resistance of the channel points to a breakout target of $1,028.

Bulls Watch for Confirmation Above Key Levels

Analysts agree that a move past $768 would confirm a bullish continuation, drawing in both short-term traders and institutional holders. The $899 level could serve as an intermediate test, while $1,028 may become achievable under favorable market conditions.

With trading volume holding steady at $1.69 billion and a market cap exceeding $93 billion, BNB’s stability adds confidence to bullish projections. However, technical indicators such as RSI and volume strength will need to confirm momentum before the next wave fully develops.

The rising channel offers a clear path for BNB to climb, assuming macro trends remain supportive. As long as the lower boundary near $500 holds, the bullish outlook remains intact. A breakout above $768 could mark the beginning of a sustained move toward the $1,000–$1,030 range, reinforcing BNB’s standing as one of the strongest altcoins in the current cycle.

Meanwhile, Toncoin targets $8 in 2025 as chart breakout gains momentum.