Can BNB price break above $750 as double bottom pattern forms?
The neckline of the pattern sits near the $680–$690 resistance zone, which bulls are currently attempting to reclaim decisively. A confirmed breakout above the neckline would validate the pattern and could potentially trigger a measured move toward the $780 region by adding the height of the formation to the breakout level. The current setup also shows BNB gradually reclaiming higher lows while continuing to trade firmly above the Supertrend indicator near the $627 region, signaling that buyers currently maintain broader trend control. Momentum indicators continue to support the bullish outlook. The MACD recently completed a bullish crossover while the histogram continues printing expanding green bars, suggesting upside momentum remains intact despite short-term consolidation below resistance. Meanwhile, the broader recovery structure remains constructive as long as BNB holds above the key $650 support zone. A successful breakout above the neckline resistance could strengthen momentum toward the psychological $700 level, followed by the $750–$780 region. However, failure to hold above current support levels could weaken the bullish setup and potentially trigger a pullback toward the $627 and $600 support zones, where buyers previously reentered aggressively.