TLDR: BNB shows a firm reaction from the 0.786 Fibonacci demand zone, hinting at early strength from weekly support. Buyers appear active as the weekly candle prints a long lower wick, signaling reduced selling pressure. Ecosystem growth accelerates with new DeFi, AI, and prediction market projects supported by major investment funds. BNB Chain leads in [...] The post Is BNB Ready for a Major Trend Reversal From the Weekly Demand Zone? appeared first on Blockonomi.TLDR: BNB shows a firm reaction from the 0.786 Fibonacci demand zone, hinting at early strength from weekly support. Buyers appear active as the weekly candle prints a long lower wick, signaling reduced selling pressure. Ecosystem growth accelerates with new DeFi, AI, and prediction market projects supported by major investment funds. BNB Chain leads in [...] The post Is BNB Ready for a Major Trend Reversal From the Weekly Demand Zone? appeared first on Blockonomi.

Is BNB Ready for a Major Trend Reversal From the Weekly Demand Zone?

2025/12/06 02:31

TLDR:

  • BNB shows a firm reaction from the 0.786 Fibonacci demand zone, hinting at early strength from weekly support.
  • Buyers appear active as the weekly candle prints a long lower wick, signaling reduced selling pressure.
  • Ecosystem growth accelerates with new DeFi, AI, and prediction market projects supported by major investment funds.
  • BNB Chain leads in active addresses with 57.6M users, reinforcing steady network participation and expanding adoption.

BNB is showing a decisive reaction from a crucial Fibonacci demand area, signaling that the asset may be entering a transition phase.

The latest weekly movement shows buyers stepping in as the price stabilizes above a structural support block.

This development comes as BNB Chain records steady network growth and increasing activity from new ecosystem sectors. The combination of technical strength and expanding adoption places the asset at a pivotal point in the current market cycle.

Weekly Structure Suggests Strength at the 0.786 Fibonacci Demand Zone

According to Rose Premium Signals, BNB is responding firmly from the 0.786 Fibonacci demand zone, a level traders often monitor as the final retracement before a potential shift. 

The current weekly candle displays a long lower wick and a firm close, suggesting that selling pressure has weakened in this region. This reaction points to active accumulation as market participants defend the zone.

The analysis emphasizes that this demand block now acts as essential support. 

Maintaining structure above this area introduces room for a recovery leg over the coming sessions. A short pullback may appear during the process, but the setup still leans toward a continuation move aimed at reclaiming higher ranges.

Technical checkpoints sit at the 0.618, 0.5, and 0.236 Fibonacci levels. 

Breaking each one would indicate rising bullish momentum and improved market confidence. The projected pathway identifies two upside objectives: $1,296.11 as a structural resistance level and $1,456.54 near a previous weekly swing high.

Network Expansion Strengthens the Bullish Technical Outlook

BNB Chain’s ecosystem has continued to expand in key sectors such as prediction markets, DeFi innovation, and AI-linked solutions.

New project inflows are supported by the $1 billion YZiLabs fund, which is attracting builders and strengthening utility across the network. This activity provides an additional layer of support for long-term demand.

Recent data shows substantial growth in the network’s user base. 

BNB Chain now records more than 57.6 million active addresses, with total users exceeding 300 million. These figures reflect sustained participation and broad adoption across multiple use cases.

Insights from CryptoRank further show BNB Chain leading the industry in active addresses. 

Solana and Near follow with 43.7 million and 42.1 million, while Polygon continues to rise due to strong performance from Polymarket. This positioning suggests that network engagement remains stable as technical conditions improve.

The post Is BNB Ready for a Major Trend Reversal From the Weekly Demand Zone? appeared first on Blockonomi.

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