How High Can It Go?

Key takeaways:

  • BNB faces short-term correction risks but maintains a strong bullish structure above the trendline.

  • 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.

BNB/USDT four-hour price chart. Source: TradingView

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…

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