The price of Binance Coin (BNB) has been consolidating at a key resistance level, signaling a potential loss of momentum after a recent rally. However, strong fundamentals and technical indicators suggest further gains could be possible in December. The BSC ecosystem has been performing well, with increased value locked in its DeFi ecosystem and higher trading volumes on its DEX protocols. The network has also been reducing coin circulation through burning and has seen a significant boost in staking yield. The weekly chart shows a bullish cup and handle pattern, with a breakout potentially leading to a rise to $1,130. Critical levels to watch are $875, $1,000, and the invalidation point at $437.



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