BNB Price Momentum Reignites – Why Bulls Could Aim For 15% Rally

• BNB price has gained momentum and climbed above the $250 resistance.
• It is up over 5% and the bulls could soon aim for a move toward the $300 level.
• The price is now trading above $255 and the 100 simple moving average (4 hours).
• There is a major bullish trend line forming with support at $253.5 on the 4-hour chart.
• BNB gained traction and climbed above $260, outperforming Bitcoin and Ethereum.
• A new multi-week high is formed near $267.9 and the price is now consolidating gains.
• If there is a fresh increase, the price could face resistance near the $265 level.
• The main support sits at $253 or the trend line.

The sentiment of the article is positive, as it highlights the gains and bullish momentum of BNB price.