How High Can It Go?
Key takeaways:
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BNB faces short-term correction risks but maintains a strong bullish structure above the trendline.
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Breakout patterns and onchain optimism point to upside targets of $1,250–$1,565 by year-end.
BNB (BNB) has jumped over 10% this weekend, outpacing a largely stagnant crypto market that remained flat.
With momentum diverging from its peers and in price discovery, the question is, can the Binance-linked token push even higher?
BNB faces “overbought” risks in September
BNB’s latest rally has pushed the relative strength index (RSI) on the four-hour chart into overbought territory, raising the risk of a short-term pullback. The token has slipped 2.89% from its record…