Binance Coin Holds Above $1,100 as Analysts Signal Potential Bull Cycle

Binance Coin (BNB) is trading around $1,109, maintaining a position above the critical $1,100 support level despite a minor 24-hour pullback. Analyst Crypto Rover suggests BNB's chart has broken long-term resistance, signaling a potential major sentiment shift and the start of a new bullish cycle, implying that BNB strength often precedes broader altcoin rallies ("the coin first, altcoins next"). Currently, BNB faces heavy resistance between $1,140 and $1,180, where significant sell orders are concentrated. A decisive break above $1,180 is needed to confirm renewed bullish intent and potentially target the $1,250 resistance zone, while failure to hold $1,080 support could lead to a drop toward $1,050.

(Source：Brave New Coin)