Binance Coin (BNB) has surged past key technical levels, confirming a breakout that has traders and investors closely monitoring the token’s next potential moves.

The price action reflects a combination of regulatory progress, technical momentum, and growing institutional interest in Binance Coin.

BNB coin price breakout

BNB price has broken out of a multi-month falling wedge and, after retesting the upper boundary of the wedge on December 1, bounced decisively, confirming the breakout.

BNB coin price chart | Source: TradingView

This bullish movement has been reinforced by the formation of a textbook Cup & Handle pattern identified by Token Talk on the 4-hour chart, signalling potential upward continuation toward $1,020 if the resistance “Red Zone” is cleared.