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

BNB is trading near key resistance as analysts eye targets at $1,800, $2,500 and $4,500. Open interest on futures is approaching $2.5 billion, demonstrating demand.

Binance Coin (BNB) is approaching a key technical level as market attention turns to whether the price can break out of a long-standing range.

The asset is trading within a bullish structure at the higher timeframes, and analysts are looking for a clear move above current resistance.

BNB is trading near major resistance

BNB is trading around $1,181 at the time of writing, down slightly in the past 24 hours and down almost 10% this week. Even with the dip, the price remains within an ascending channel that has developed over several years. The upper limit of this channel is around $1,400, a level that has previously caused reversals.

Analyst Jonathan Carter described this point as a “make-or-break momentfor BNB. He mapped out longer-term targets at $1,800, $2,500 and $4,500, provided the current resistance area is cleared. These levels are based on previous price reactions and key horizontal zones.

#BNB Ascending channel about to unfold?🤔

Binance Coin tests the top edge of the ascending triangle on the 2W chart🔍

Long-term target levels: $1,800 → $2,500 → $4,500🎯

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

— Jonathan Carter (@JohncyCrypto) October 14, 2025

The 50-period moving average rises below the current price and the RSI remains neutral, leaving room for further movement as momentum increases.

Furthermore, BNB found support at $1,069.75 during the recent pullback. It has since recovered and is now trading above $1,140. This level has become important as the price continues to fluctuate within a range between USD 1,120 and USD 1,200, which seems to act as a decision zone.

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Market watcher Skull noted,

“Buyers are still in control, while price action shows resilience in this zone.” He added: “If we break $1,200 again, the next stop will be new highs.”

So far the level has held, but a new test of $1,200 may be needed to confirm the momentum.

Derivatives market signals interest from traders

According to Coinglass, BNB futures open interest is just under $2.5 billion. This figure has grown steadily since mid-July, in line with share price gains. The increase in open interest reflects growing participation in the BNB market.

While open interest has retreated somewhat from its recent peak, overall levels remain elevated. Traders appear to be maintaining their exposure, and market positioning is still leaning towards continuation provided BNB remains above key support levels.