BNB (Binance Coin) has decisively broken $1,000 on renewed buying momentum, confirmed by a sharp volume increase and sustained support above $663.89. This breakout validates long-term bullish structures and opens Fibonacci extension targets near $1,879 and $4,070 as the next logical upside zones.
BNB cleared $1,000 with volume confirming the breakout.
Fibonacci extensions point to $1,879 and $4,070 as primary targets.
Cycle analysis shows BNB rose from its 2022–2023 base, supporting institutional interest and multi-year trend continuation.
BNB price surge past $1,000 signals strong bullish momentum; read targets and key levels now — analysis by COINOTAG.
BNB breaks $1,000 with strong momentum as volume confirms bullish targets, Fibonacci projections signal exponential upside this bull run.
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- BNB’s surge past $1,000 shows renewed bullish momentum with Fibonacci projections hinting at exponential gains this market cycle.
- Strong volume confirms BNB’s breakout above key resistance, reinforcing the potential for Patel’s $2,000 and $5,000 targets.
- Historical cycles and ascending patterns support BNB’s rally, with long-term charts pointing toward sustained institutional confidence.
Binance Coin (BNB) has broken past the $1,000 mark, trading at $1,023.98 after gaining $97.47 in a single session. This sharp 10.52% rally represents the token’s strongest momentum since the 2021 peak and reinforces technical arguments for further upside based on Fibonacci extensions and multi-year trend structure.
Crypto Patel captured market sentiment in a post on X, noting, “$BNB is only 100% away from my $2000 target… And just 400% away from my $5000 target.” His comments reflect growing conviction as BNB remains above key support zones and continues to attract buyer participation.
What caused BNB to break $1,000?
BNB’s breakout above $1,000 was driven by concentrated buying and a clear increase in on-chain and exchange-traded volume that validated the move above $663.89 resistance. Short-term catalysts combined with a multi-year ascending channel amplified the breakout and sustained momentum.
How does volume confirm BNB’s breakout?
Volume surged on the advance, showing buyer conviction rather than a low-volume spike. Higher-than-average daily volume accompanied the $1,000 breach, which is a classic confirmation signal used in technical analysis. Exchanges and on-chain metrics indicated elevated inflows and increased trading interest.
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Fibonacci extensions provide objective upside zones traders use to estimate potential resistance and profit-taking levels. For BNB, extensions place initial targets at $1,879.31, then $4,070.48, with an extreme projection near $11,234.66 — each level derived from measured moves off the 2022–2023 base and 2021 peak.
BNB’s long-term chart shows consolidation from 2018 and 2020 between roughly $1.90 and $36, followed by a 2021 breakout to near $690. The 2022–2023 correction formed an 18-month base around $160–$180, which strengthened buyer demand and enabled the current surge to $1,000+.
Support and risk management levels: near-term support consolidates in the $500–$600 band, with critical support at $160.75 from the 2022–2023 base.
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