BNB Follows Bitcoin’s Breakout Pattern, Targets $1,200 but Faces Short-Term Weakness

Binance Coin (BNB) is mirroring Bitcoin’s breakout structure, targeting resistance levels around $1,200 after a 1.88% drop in 24 hours. This bullish alignment comes as BTC continues to hold gains near $118,000. While BNB’s weekly chart aligns with the recent Bitcoin rally, short-term weakness is visible with a 24-hour low of -2.14%.