Binance Coin Consolidation Bearish or Bullish? $975 Target

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That's the question I am about to answer.

The action is happening above the March 2024 high. Binance Coin's current consolidation is considered bullish because it is happening above this level. There is also a series of higher lows since 2-Feb. 2025. There has been a strong recovery in the last four months.

The fact that the recovery is slow and extended gives it strength.

The action is sandwiched between 0.5 and 0.618 Fib. extension levels. These two levels work as immediate resistance and support.

Bullish patterns and signals are present all across this chart.

ยป BNBUSDT is bullish. Next strong target and new all-time high will be $975.

Thank you for reading.

Namaste.

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