Bnb To Move Higher

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Bnb To Move Higher

Bnb To Target $400 And Then Move To $800

The Binance Coin (BNB) is seen trading in the middle of a long-term channel. According to experts, the Binance Coin (BNB) is highly likely to drop towards the $400 level.

However, the Binance Coin (BNB) will then resume its bullish trend and move towards a high of $800. As of now, all of the technical indicators hint at a healthy correction in the BNB.

Bnb Eyes $800 As Bullish Target

Ever since the start of 2024, the Binance Coin (BNB) has been in a long-term trend. Now in 2025, it seems that the coin is at the brink of a deep correction.

Even now, the Binance Coin (BNB) is still at historic highs thanks to the BTC setting a new high in 2025. But that will soon change as the Binance Coin (BNB) is now heading towards $400.

The BNB is currently in a price channel and seems to be respecting the upper & lower limits. This can be confirmed by looking at the price action from the last few months.

For now, the BNB is in the middle of its price channel, while $400 is the lower limit of the channel. So, while the BNB is forecasted to touch $400, it will not go any lower than that.

The $400 level is also where the 200 SMA (weekly) is located, along with an important fib retracement level. So, we can expect a lot of bullish pressure around that area which will push the prices higher.

Some traders think that a move towards $400 will end the bullish trend. But in reality, a move lower will actually strengthen it!

move towards the $400 will actually move the BNB out of the overbought zone and allow for more upside. This will also improve the risk-reward ratio for long-term traders.

One key risk to this forecast for the BNB is geopolitical tensions and any new development in the US-China trade wars.

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