BNB Momentum Builds Toward $1,500 While Market Awaits Pullback

Binance Coin (BNB) faces mixed outlooks as analysts predict both an all-time high breakout and a potential short-term correction.

Crypto King expects a surge toward $1,500, while Gordon warns of an overheated rally nearing exhaustion. Binance coin trades around $1,266, consolidating after sharp gains as volatility and trading volume remain elevated.

BNB Maintains Strong Uptrend as Bulls Dominate

Binance Coin continues to show strong upward momentum, moving toward a potential retest of the $1,400–$1,500 range. According to analyst Crypto King, the recent retracement from $1,349.99 to around $1,267 represents normal market behavior after a major rally. The daily structure remains intact, with higher highs and rising trading activity indicating active participation from buyers.

Source:x

The market’s attention now shifts toward whether Binance coin can sustain above key levels near $1,080. Maintaining this threshold could keep bulls in control through mid-October. The next upside target sits around $1,500, where traders may begin taking profits as volatility increases. The analyst projects that Binance coin could make another all-time high before cooling below $1,000, reflecting an anticipated short-term parabolic phase before broader consolidation.

Rising Momentum Points to $1,500 Target Zone

Technical readings show that the token has entered a continuation phase following several weeks of accumulation. Price action has been supported by strong volume and limited downside wicks, reflecting ongoing accumulation among traders positioning for the next leg higher. A confirmed breakout above $1,350 could invite new momentum-driven entries as traders target the $1,400–$1,500 resistance zone.

BNB’s current rally mirrors earlier market phases that led to steep advances followed by long consolidations. The bullish slope and volume surge suggest that short-term sentiment remains optimistic. However, the structure also indicates that a brief cooling-off period could emerge once $1,500 is tested, as traders lock in gains following the strong climb from the $675 base earlier in the year.

Warning of Possible Short-Term Correction

While overall sentiment remains positive, analyst Gordon shares a contrasting view, noting potential exhaustion in BNB’s chart. His observation of steep daily candles and limited consolidation points to an overheated rally. According to his analysis, such vertical moves often precede pullbacks as traders secure profits from rapid gains. The recent spike toward $1,272 followed by a mild retracement supports this cautious outlook.

Source:x

Gordon also mentioned considering a high-leverage short position, reflecting confidence that a correction could occur soon. The discussion around using 50x or 100x leverage highlights expectations of increased volatility near the $1,300 zone. If selling pressure intensifies, traders could see a short-term slide toward $1,200 or even $1,080, where buyers might attempt to stabilize the market.

Short-Term Consolidation and Key Support Zones

Recent trading data shows that the asset fell 3.53% over the past 24 hours to $1,266.53, marking a modest decline from the previous day’s high near $1,280. The intraday dip to $1,230 was quickly met with buying interest, confirming that the $1,250–$1,270 range remains an active support zone. Trading volume climbed to $5.83 billion during the session, underscoring heightened activity amid the pullback.

Source: BraveNewCoin

For the near term, maintaining support above $1,250 will be crucial to prevent a deeper correction. A drop below $1,220 could expose the market to cascading liquidations, pushing the altcoin closer to the $1,080–$960 region. Conversely, a rebound above $1,280 may reopen the path toward $1,350 and beyond. As momentum builds, the market closely watches whether bulls can defend these critical levels to sustain its path toward $1,500.