Binance coin Gains Momentum,Eyes $1,570 Target
Binance coin (BNB) is on a strong upward trend,breaking out of its multi-year range. The price is now aiming for the $1,570 Fibonacci extension target.
BNB’s price action shows a clear bullish pattern. It’s making higher highs and higher lows, which is a sign of sustained buying interest. This trend is visible on the monthly chart, confirming the strength of the rally.
The current surge is one of the most powerful since the $700 breakout. Each candlestick on the chart is a bullish engulfing pattern, indicating strong momentum.The BNB memecoin launchpad’s success, surpassing pump.fun in daily revenue, adds to the positive sentiment.