The next likely move is upward to $940–$950, a 1–2% gain, driven by sustained momentum above $920 and positive macro signals (e.g., cooling US PPI data at -0.1% MoM, hinting at softer inflation ahead of CPI, which could favor risk assets like crypto). This would test the $950 resistance, potentially confirmed by a volume surge >$250M USDT. However, if volume fades or the price rejects $929, a minor pullback to $920–$922 (for liquidity sweep) is possible before resuming up a healthy consolidation in a bull trend.
Bullish Scenario (Probability: 65%): Break above $929 with MACD crossover strengthens; targets $940 intraday, $950 by end of week. Catalysts: Broader market recovery (BTC holding $100K+) and BNB Chain ecosystem news (e.g., recent Franklin Templeton integration boosting adoption).
Bearish Scenario (Probability: 35%): Rejection at $929 leads to 1–1.5% dip to $915–$920, testing the 1-hour MA. This could happen if global risk-off sentiment hits (e.g., hot CPI print) or profit-taking intensifies. Deeper support at $887 holds unless breached (unlikely short-term).
