BNB is currently trading near its 52-week highs at approximately $1,153, showcasing a strong bullish momentum. In the short term, the asset is targeting the notable resistance level of $1,300. However, there are concerns regarding a potential correction. Should the resistance at $1,300 hold firm, BNB could experience a decline, possibly retreating to the support range of $900 to $1,050. This range represents significant levels that traders will be monitoring closely as the market progresses towards November 2025.
Understanding these price movements is crucial for investors and traders in navigating the current landscape of BNB trading. The journey towards the anticipated $1,300 resistance could shape trading strategies, and the potential drop to the lower support levels highlights the risks involved.
