BNB: Inverse Head & Shoulders & Rising Channel Structure

[cryptoenthusiast]

Hi!

BNB has completed a clear inverse Head & Shoulders pattern at the bottom, with the neckline successfully reclaimed. After the breakout, the price is now moving inside a well-defined rising channel, showing steady bullish momentum.

The market has pulled back toward the midline of the channel, which lines up with previous neckline structure. If this support holds, the next leg higher remains the primary scenario.

Your projection highlights two key points:
A potential higher low forming inside the channel
Continuation toward the 1,031 resistance, with room for an extension toward the top of the channel

As long as the price respects the ascending structure and stays above the neckline/green zone, the bullish outlook remains intact.

[Rimon Khan]

Textbook bullish structure — neckline break could push BNB above $680.

[Abdul Khan]

The confluence of RSI recovery and volume build-up supports the breakout view.