$BNB is currently forming a double-bottom pattern on 4hr Chart

BNB is currently forming a double-bottom pattern, a structure that often signals a potential trend reversal after a strong downtrend.

🔹Bottom 1: around $1,037

🔹Bottom 2: retested nearly the same zone — confirming a strong support base.

🔹Neckline resistance: around $1,178 – $1,180, aligning with the upper boundary of the consolidation zone.


Breakout above $1,180 could trigger a move towards:
🔹 $1,245 → $1,300 → $1,375 (measured target from the double-bottom).

Until that breakout occurs, the range remains $1,035 – $1,180.


If #BNB fails to hold the $1,030 zone, the next immediate supports are:
🔹 $995 – $970, aligning with previous liquidity pockets.
However, as long as $1,030 holds, the setup leans accumulatory rather than bearish.

A breakout above $1,180 could confirm a trend reversal, potentially reigniting bullish sentiment toward the $1.3K–$1.4K zone.