BNB has been consolidating within a well-defined range for several weeks following November's pullback. What's interesting here is how the token has consistently found support at the lower boundary—multiple touches of that floor level demonstrate genuine buying interest at these prices.

The real story now unfolds as we're watching a potential breakout attempt taking shape. Price is beginning to probe toward the upper edge of this consolidation zone. This setup matters because a decisive daily close that breaks through that resistance level could signal the next directional move. The confluence of repeated support holds and now this expansion attempt paints a picture worth monitoring closely for swing traders looking at BNB positioning.