Bullish Structure Points to Potential Price Surge
The post Bullish Structure Points to Potential Price Surge appeared on BitcoinEthereumNews.com.
Key Insights: BNB remains in a bullish structure, despite trading below key resistance. A breakout above $934.18 could confirm a bullish market shift for BNB. Market caution advised until price breaks the $934.18 resistance with strong volume. BNB Price Holding Strong: Bullish Structure Points to Potential Price Surge Binance (BNB) price has shown resilience in recent trading sessions, holding within a bullish structure. Market analysis indicates that the coin could be primed for a potential upside move. While BNB continues to trade below key resistance levels, technical indicators suggest that the price may be poised for an upward breakout, depending on future price action. BNB’s Current Market Structure BNB is currently trading at $860, with a slight increase of 0.83% in the last 24 hours. Despite the price being below a descending resistance line, the asset has maintained a stable position inside a bullish structure. According to Elja, a well-known analyst, BNB is holding up well, with its price consolidating rather than breaking down. He notes that the Relative Strength Index (RSI) has been stable for some time, suggesting that there could be room for an upward move. However, for BNB to enter a confirmed bullish phase, the price must break above the key resistance level at $934.18. If this happens, a shift toward a more positive market structure is expected. Without this confirmation, the market may remain neutral or continue to experience consolidation. Key Resistance Level and Potential Breakout Meanwhile, analyst Sina Estavi emphasized that the $934 level remains the critical resistance point for BNB to have entered a confirmed bullish phase. A price movement above this threshold, accompanied by higher trading volumes, would signal a transition into a bullish structure. BNB Potential Breakout | Source: X Until BNB successfully breaks this resistance, any upward movement should be viewed…
Filed under: News - @ December 30, 2025 8:22 pm