BNB has eliminated the $ 1,050 mark with a strong cup and handling break, placing bulls firmly in the driver’s seat. The next big question: Can the impulse take the token towards the aim of $ 1,100?
BNB breaks $ 1,050, extending the impulse of September
Cipher X cryptographic analyst, in a recent update, emphasized that BNB has officially broken the $ 1,050 brand, blocking another key milestone after its impressive September rally. The increase has not only reaffirmed the strong bullish impulse behind the asset, but also positioned it as one of the prominent artists in the market.
Looking towards the future, Cipher X pointed out that the following main approach is in the resistance zone of $ 1,100. A decisive rupture on this point could pave the way for an even greater rise in the fourth quarter, strengthening the BNB narrative that enters a new leg of its rally. With the feeling of the positive inclined market, the price action in the next few days will be crucial to confirm whether the impulse can advance without great setbacks.
On the other hand, the support remains well established around $ 1,000 and $ 900, levels that provide a strong security cushion for bulls if the market experiences a setback. These areas have historically remained firm and could act as reliable trampolines for fresh movements up. For now, the energy balance is clearly with buyers and, unless unexpected volatility interrupts the trend, BNB seems to be ready to continue pressing higher in the new quarter.
Cup and handling of strength signals
Previously, Market analyst Kamran Asghar highlighted a remarkable configuration that was formed in the 4 -hour BNB table in an X publication. He observed that BNB was developing a classic cup and handling training, a technical pattern often associated with the bullish continuation and the breakdown potential. Such configuration, when confirmed, tends to indicate that the market has been consolidating before building enough impulse to push higher.
Asghar emphasized that the key level to see is the strength of the neckline of $ 1,030, which acts as the roof for the ascending impulse of the Token. A clean break and a strong closure above this resistance would validate the pattern and probably invite an additional purchase pressure. If the rupture triumphs, Asghar projected that BNB could quickly spread to the region of $ 1,100+, opening doors for even greater profits if the upward feeling is maintained.
However, until this confirmation arrives, he advised caution, pointing out that any failure to overcome the neckline could trigger short -term setbacks as the asset is consolidated even more. This makes the next crucial sessions to determine the next directional movement of Altcoin.
