BNB broke out of a sideways price range, signaling renewed upside momentum. The breakout occurred as BNB surpassed the resistance area between the 910.00 level (the upper border of the November sideways range) and the 50% Fibonacci retracement of the downward impulse from November. The breakout accelerated the active impulse wave iii, which belongs to the medium-term impulse wave C from November. BNB can be expected to rise to the next round resistance level 1000.00, the target for the completion of the active impulse wave iii.

This projection aligns with the ongoing development of the medium-term impulse wave C from November. BNB can be expected to rise to the next round resistance level 1000.00, the target for the completion of the active impulse wave iii.

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