#morningupdate Are BNB, Solana, and Dogecoin Prices Still Rising in October?🔥

October has kicked off with a wave of optimism across the cryptocurrency market, led by notable upward moves in major altcoins such as Binance Coin (BNB), Solana (SOL), and Dogecoin (DOGE). This trend, dubbed "Uptober," reflects a broader resurgence in crypto sentiment, fueled by renewed investor enthusiasm and technical breakouts. As these digital assets chart promising paths ahead, traders are closely watching key support and resistance levels to gauge whether this momentum can sustain through the remainder of the month.

BNB, SOL, and DOGE are enjoying strong "Uptober" momentum, with upside targets at $1,480, $250, and $0.31, respectively. Faltering to maintain critical trendlines could lead to a pullback for BNB to around $835. Technical patterns suggest potential for significant gains in BNB and SOL in October, with risks of corrections if key levels break.

BNB (BNB) has surged nearly 6% month-to-date, trading at approximately $1,065 on Thursday. Its rally stems from a broader recovery that began after testing support at the 20-day exponential moving average (20-day EMA) around $1,000. Historical rebounds from this level have often escalated into more substantial gains.

🌐BNB/USD daily price chart.

Within an ascending channel pattern, BNB's ongoing uptrend could push its price toward $1,130 approximately 6.75% above current levels - aligning with the 1.618 Fibonacci retracement. This target coincides with a breakout point derived from an inverse-head-and-shoulders (IH&S) pattern identified by traders.

🌐BNB/USD four-hour price chart.

Over the past two weeks, BNB's rebound has also lifted its price above a key weekly resistance level at approximately $992, which now acts as support and aligns with its 1.618 Fibonacci retracement line.

🌐BNB/USDT weekly price chart.

A sustained rally above $992 could open the door to tests of higher Fibonacci levels, targeting $1,480 representing a 38.5% increase from current prices potentially happening by November. However, slipping below support at $992 might see BNB retracing toward $833.
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