BNB Technical Analysis Report 7 October, 2025
BNB cryptocurrency can be expected to rise to the next round resistance level 1400.00 – provided that the price can close above the nearby resistance level 1300.00
- BNB broke resistance area
- Likely to rise to resistance level 1400.00
BNB cryptocurrency recently broke the resistance area located at the intersection of the resistance trendline of the accelerated daily up channel from the middle of September and the resistance level 1150.00 (which was set as the likely upward target in or earlier forecast for this cryptocurrency) The breakout of this resistance area accelerated the active short-term impulse wave 3 – which belongs to the sharp intermediate impulse wave (5) from the end of August.
Given the clear daily uptrend and strong daily Momentum, BNB cryptocurrency can be expected to rise to the next round resistance level 1400.00 – provided that the price can close above the nearby resistance level 1300.00. Fifth impulse waves are usually final in an impulse sequence – which means the price might correct down if BNB cryptocurrency fails to break conclusively above the resistance level 1300.00.
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