BNB Analysts Predict 200% Surge Amid Short Squeeze and Discount Zone Scenarios

Binance Coin (BNB) has become a focal point for cryptocurrency analysts, with mixed signals pointing to potential major price movements. Analyst Crypto Patel shared a cycle outlook projecting a 200% surge for BNB, but cautioned that the market might first deliver "the craziest discount" of the bull run, with a demand zone between $700 and $500. Currently, BNB is trading around $829.18, down roughly 5%, yet trading volume has surged nearly 70%, indicating active positioning.

Patel's chart analysis shows BNB respecting its breakout structure for months, with past cycles like those in 2020 supporting quick rebounds after corrections. In parallel, other analysts, including CW, highlight a key liquidity zone near $909, where a concentration of short positions could trigger a squeeze if prices advance. Support is forming around $870, with Binance's market cap steady at approximately $120.5 billion.

Short-term price action shows BNB consolidating in a narrow range of $872 to $880, with low volume suggesting cautious market sentiment. Momentum indicators like the stochastic oscillator and RSI are showing early signs of recovery from oversold levels. The overall structure remains bullish, with the asset holding above critical accumulation zones that have historically preceded rallies.

Whether BNB stabilizes at current levels or dips into the discount range, analysts agree that the long-term outlook points to a decisive move later in the cycle, driven by either a short squeeze or a corrective entry opportunity.