BNB rose 3.37% over the last 24 hours. BNB is trading at $944.89 at press time. On the hourly chart, the price of BNB is in the middle of the local channel, between the support at $928.50 and the resistance at $954.68. From the midterm point of view, the price of the native exchange coin is breaking the resistance at $928.24.
If it happens and the bar fixes above it, the accumulated energy might be enough for a test of the $1,000-$1,100 area by the end of the month. If the move holds and a daily close above the level occurs, momentum and volume could help push toward the $1,000-$1,100 region by month-end. Traders will watch momentum and volume as the price nears the key zone. A sustained break above resistance could attract more buyers and push BNB toward the $1,000-$1,100 region by month-end.
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