BNB weekly chart is catching attention after market analyst UniChartz noted that the cryptocurrency exhibits strong upward momentum, supported by the crucial technical 50-week Exponential Moving Average (EMA). This moving average has been tested multiple times, but continues to act as solid, dynamic support, preventing deeper pullbacks and maintaining the structure of the current uptrend. Support Flips Bullish: Former Resistance Now Fuels Rally In the post on X, UniChartz emphasized a critical development in BNB’s recent price action. He pointed out that the asset has broken above a long-standing descending resistance line, a move that signals a possible shift in overall market structure
source: https://www.newsbtc.com/analysis/bnb/bnb-to-rally-to-a-new-high/