BNB Breaks Out After Consolidation: Key Levels Near $1,230 & $1,300

Binance Coin (BNB) is experiencing renewed upward momentum after a period of consolidation. The asset’s recent price action has seen it break through the $1,230-$1,300 breakout zone. This surge in activity is attributed to strong liquidity and consistent buying interest, driving market participation higher. Analysts believe this upward trend can continue towards the $1,230-$1,300 mark if momentum holds. Key support levels are noted near $1,090 and resistance between $1,230 – $1,300, signaling where BNB might find its next potential breakout point. This bullish structure is bolstered by steady trading volume and a limited supply of tokens.