HMHAZIQATTA

Current Support: Analysts are identifying the $900–$910 range as a new, strong support zone.Target Levels: Immediate upside targets for long positions are focused around $963, with further bullish targets at $970 and the major psychological level of $1,000–$1,050.Trend Status: BNB is showing a "bullish wedge breakout" or consolidation in an ascending channel, with higher lows continuing to form.Network Activity: The bullish sentiment is backed by a 34th quarterly burn of 1.37 million tokens, which reduced supply, and a resurgence in transaction activity, with Total Value Locked (TVL) rising on the BNB Chain.Potential Risks: While the structure is generally bullish, some analysts noted potential for a, temporary, deeper pullback if $900–$920 support fails to hold, with some mentioning that $805 remains a significant, though less likely, liquidity trap. Market Sentiment & Positioning:Accumulation: The current price action indicates a "cooling-off" period rather than a breakdown, suggesting a pause before a potential new rally.Leverage: Active long positions are seen in a "wait-and-see" mode, with some traders having entered earlier in the $800–$850 range.Technical Indicators: The 4H chart is showing bullish signs, with the 50-day moving average rising. $BNB $BNB