#BNB is currently trading near the midline of a long-term ascending channel on the weekly timeframe.

This area is technically important. A sustained reaction and strong weekly close above this level could open the door for continuation toward the upper boundary of the channel.

However, confirmation is required.

As long as structure holds, the broader trend remains constructive. A breakdown below the lower channel boundary would invalidate the bullish scenario.

Trade the reaction, not the expectation.

Risk management remains key.

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