BNB confirms Breakout: Is $ 1,000 the next inevitable goal after ATH?

BNB confirms Breakout: Is $ 1,000 the next inevitable goal after ATH?

Tl; Dr.

  • BNB confirms a weekly outbreak, with support and price that pushes to the $ 1,000.
  • Open interest climbs to 1.15 million coins, while financing remains low – the bullish structure keeps strong.
  • Technical graphs show that the momentum remains intact, although overbought signals indicate a possible short break.

Weekly outbreak knew the long -term resistance

Binance Coin (BNB) has moved above a downward canal that had been in place since the end of 2024. After having spent a few months within that reach, the recent price promotion shows a clear movement higher. The weekly graph now shows steady win, with buyers who check the last few sessions.

In particular, the breakout was flexibly followed by a retest of the $ 600 – $ 700 zone, which had previously acted as a resistance. Now it is as support. The active climbed above the earlier highlights of $ 962 later. This movement confirms the outbreak and is concentrated on the next price levels. A short-term objective between prices is mentioned as $ 1,000 and $ 1,082 by Rose Premium signals.

At the time of the press, BNB acted nearly $ 950 and achieved a profit of 3% and 8% in the past week last week. Since June the price has continued a steady upward movement and has set a clear pattern of higher highlights and higher lows. By tracing this trend, BNB will reach its essential $ 1,000 level.

Moreover, technical signals on the daily graph support this movement. The MacD shows the MACD line above the signal line and the zero line, pointing at a strong momentum. The histogram is green, without immediate signs of weakness. The stochastic RSI is higher than 80 and places it in Overbought territory, which may indicate a short break or lateral movement in the short term.

Source: TradingView

Open interest climbs the low the financing remains

Futures data show that open interest (OI) is now around 1.15 million coins. The steady rise in the OI reflects the growing interest and positioning in the BNBs Derivaten market. This is common in trending markets, especially during pimples. However, it can also increase the risk if positions are busy.

In the meantime, the financing speed remains low at 0.0058. This suggests that long positions are not heavily financed with leverage, which can often lead to sharp corrections. A lower financing rate also means that traders do not pay high costs to maintain long positions. One market keeper, Saint Pump, noticed,

Regular update

Recent movement can be tied to news That Binance is approaching the end of his compliance monitoring period at the US Department of Justice. The monitoring was related to enforcement actions from the past in which anti-money laundering practices and compliance checks were involved. If completed, the exit from that phase would facilitate the pressure on the exchange.

The former CEO Changpeng Zhao (CZ) recently updated Some links on his X profile with regard to Binance, and this has led to a few speculations that he considered an active return to the company. So far, however, nothing has been made officially.

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