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Binance’s native token BNB reached a new milestone today, setting an all-time high of $881 before correcting slightly to $849 at the time of writing. Despite broader market consolidation in recent days, BNB’s performance marked a 2.6% increase in the past 24 hours. The development has drawn notable attention from traders and analysts, many of whom are now evaluating whether the momentum is sustainable. CryptoQuant analyst CryptoOnchain shared insights on the rally, pointing to both technical signals and on-chain data as key factors behind the altcoin’s latest upward movement. According to his analysis, the decisive breakout above the $800–$810 resistance zone has turned that range into an important support level. He noted that maintaining this threshold could sustain bullish sentiment, with the $900 level emerging as the next psychological target. Related Reading: BNB Price Coiling for Breakout—Next Leg Higher in Sight Technical and On-Chain Analysis of BNB On the technical side, the altcoin’s entry into “price discovery” mode has raised questions about the sustainability of its rally. CryptoOnchain explained that breaking above historical resistance levels typically attracts new inflows and strengthens confidence in long-term holding. From an on-chain perspective, the analyst highlighted “Rolling Percentage Gains” across multiple timeframes. The data suggests that all major holder cohorts, from short-term to long-term investors, are currently in profit. This reduces potential sell pressure as investors are less motivated to exit positions. At the same time, accelerating short-term gains reflect fresh demand, while one-year rolling gains indicate that the rally is not merely speculative but backed by sustained accumulation. According to CryptoOnchain, the combination of these factors presents a case for continued strength as long as the altcoin holds above the $800 support zone. “The technical breakout is supported by confident, profitable holders,” he wrote. “As long as BNB holds the crucial $800 support level, the outlook for testing higher targets remains highly favorable.” Analysts See Potential for $1,000 Beyond technical and on-chain metrics, independent market observers are also weighing in on the altcoin’s trajectory. A crypto analyst known as BitBull on X noted that BNB’s new all-time high coincides with a structural shift in its price action. The token’s long-standing resistance has now flipped into support, creating what he described as conditions for further growth. “$BNB hit a new ATH of $880 today. It has now flipped its multi-year resistance level into support. With public-listed companies bidding BNB, $1K BNB is just a matter of time,” BitBull commented. Related Reading: BNB Tracks Bitcoin’s Playbook, Eyes Breakout Toward $1,200 BNB’s rise comes amid an evolving market for exchange tokens. While some have struggled to maintain relevance, BNB has consistently grown in utility, supported by Binance’s ecosystem, which includes trading fee discounts, token launches, and blockchain infrastructure through the BNB Chain. This dynamic has helped position the token as one of the top five cryptocurrencies by market capitalization. Featured image created with DALL-E, Chart from TradingView

BNB price is correcting gains from the $825 zone. The price is now facing hurdles near $815 and might aim for a fresh surge in the near term. BNB price is correcting gains and traded below the $815 support zone. The price is now trading above $800 and the 100-hourly simple moving average. There is a key contracting triangle forming with support at $804 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $792 level to start another increase in the near term. BNB Price Holds Support After a steady increase, BNB price failed to clear the $830 zone. There was a downside correction below the $820 and $815 levels, like Ethereum and Bitcoin. The price even dipped below $800 and tested $792. A low was formed at $792 and the price is now attempting a fresh increase. There was a move above the 50% Fib retracement level of the downward move from the $827 swing high to the $792 low. The price is now trading above $810 and the 100-hourly simple moving average. There is also a key contracting triangle forming with support at $804 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $815 level or the 61.8% Fib retracement level of the downward move from the $827 swing high to the $792 low. The next resistance sits near the $820 level. A clear move above the $820 zone could send the price higher. In the stated case, BNB price could test $832. A close above the $832 resistance might set the pace for a larger move toward the $840 resistance. Any more gains might call for a test of the $850 level in the near term. Another Decline? If BNB fails to clear the $815 resistance, it could start another decline. Initial support on the downside is near the $804 level. The next major support is near the $800 level. The main support sits at $792. If there is a downside break below the $792 support, the price could drop toward the $780 support. Any more losses could initiate a larger decline toward the $768 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $804 and $792. Major Resistance Levels – $815 and $820.

The Binance Coin (BNB) market is showing high levels of bullishness, marked by an 8.92% price gain in the past week. The Binance exchange’s native cryptocurrency now trades above $800 and is merely 6% from returning to its all-time high figure. Interestingly, striking similarities between BNB’s current chart structure and Bitcoin’s trajectory in earlier phases of its bull cycle indicate the altcoin could be in the early stages of a major price rally. Related Reading: Cardano Price Prediction: Why A 52% Rally To $1.20 Could Happen Soon Technical Patterns Suggest BNB Could Surge By Over 50% In an X post on August 9, Ali Martinez highlights upside potential in the BNB market after weekly price data from TradingView suggests the altcoin is replicating Bitcoin’s price movement. Notably, the premier cryptocurrency is currently trading at approximately $116,769, having recently broken through multiple key resistances at $82,500, $95,000, and $110,000. From the chart above, the similarities between BNB and Bitcoin’s price are easily seen moving through phases of accumulation, breakout, and rapid expansion. For BTC, traders can observe a prolonged sideways range between mid-2022 and 2023, fluctuating between roughly $15,000 and $25,000, before a steady climb accelerated sharply past the $70,000 and $82,500 resistance in late 2024. Thereafter, the crypto market leader surges towards higher price targets at $95,000, $110,000, and $120,000. Interestingly, BNB’s trajectory mirrors this pattern, with a long consolidation between $200 and $350 from 2022 to 2023, followed by a breakout above $450 and a decisive move past $700 in 2024. Presently, the altcoin finds itself trading at minor resistance at $800, similar to the $80,000 level in the BTC market. If the parallel continues, clearing the mid-cycle resistance at $700 should unleash a strong bullish momentum, which easily pushes BNB towards $950. Thereafter, the cryptocurrency may experience an intense correction, falling to around $777, before climbing towards $1,200 to produce a 50% gain from current market prices. However, while chart similarities offer compelling insights, they do not guarantee identical outcomes. Macroeconomic conditions, regulatory events that affect Binance could impact the BNB’s rally. Alternatively, the potential of an impending altseason may cause BNB to deviate from the observed parallel performance, causing the altcoin to outperform Bitcoin. Related Reading: Bitcoin Volume Shelf Indicates Possible Launch To $131,000 – Analyst BNB Price Overview At press time, BNB trades at $810 after a slight 1.78% gain in the last 24 hours. On larger timeframes, the digital asset also remains in profit with price increases of 8.57% and 19.04% on the weekly and monthly charts, respectively. This performance suggests that BNB traders are largely maintaining a bullish outlook, with buying interest persisting across both short- and long-term horizons as momentum continues to build. Meanwhile, with a market cap of $112.36 billion, the Binance Coin continues to rank as the fifth-largest cryptocurrency and fourth-largest altcoin in the market. Featured image from Apple, chart from TradingView

BNB price is correcting gains from the $860 zone. The price is now facing hurdles near $820 and might dip again toward the $788 support. BNB price is correcting gains and traded below the $820 support zone. The price is now trading below $810 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $800 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $788 level to start another increase in the near term. BNB Price Trims Some Gains After a steady increase, BNB price failed to clear the $860 zone. There was a downside correction below the $850 and $680 levels, like Ethereum and Bitcoin. The price even dipped below $840 and tested $800. There was a clear move below the 23.6% Fib retracement level of the upward move from the $744 swing low to the $861 high. The bulls are now active near the $800 support zone. There is also a key bullish trend line forming with support at $800 on the hourly chart of the BNB/USD pair. The price is now trading below $810 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $810 level. The next resistance sits near the $820 level. A clear move above the $820 zone could send the price higher. In the stated case, BNB price could test $845. A close above the $845 resistance might set the pace for a larger move toward the $860 resistance. Any more gains might call for a test of the $880 level in the near term. More Losses? If BNB fails to clear the $820 resistance, it could start another decline. Initial support on the downside is near the $800 level. The next major support is near the $788 level. The main support sits at $770. If there is a downside break below the $770 support, the price could drop toward the $750 support. Any more losses could initiate a larger decline toward the $735 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $800 and $788. Major Resistance Levels – $810 and $820.

Vape company CEA Industries and venture capital firm 10X Capital, supported by YZi Labs (formerly Binance Labs), have announced a $500 million private placement aimed at establishing the largest publicly listed Binance Coin (BNB) treasury company. New BNB Treasury Strategy The offering comprises a common equity Private Investment in Public Equity (PIPE), which will generate $500 million in gross proceeds—$400 million in cash and $100 million in cryptocurrency.  According to Monday’s announcement, the funds raised will be primarily directed toward developing a crypto treasury strategy focused on the BNB Chain. Related Reading: $120K Bitcoin In Sight: 90-Day US–China Tariff Truce Fuels Market Optimism Leading the new BNB treasury strategy will be incoming CEO David Namdar, a co-founder of Galaxy Digital and a senior partner at 10X Capital, alongside incoming Chief Investment Officer Russell Read. On the matter, Namdar noted: BNB Chain is one of the most widely utilized blockchain ecosystems, yet access for institutional investors has been limited until now. By establishing a US-listed treasury vehicle, we’re opening doors for traditional investors to participate transparently.  Russell Read echoed Namdar’s view, emphasizing what he sees as the fundamental strength of Binance Coin as a digital asset: Institutional-grade exposure to BNB is appealing because it is driven by real utility across various sectors, including decentralized finance (DeFi) and enterprise applications. By creating this treasury vehicle, we allow institutions to engage in the growth narrative of BNB. 10X Capital, which has a history of advising significant players in the crypto space, will act as the asset manager for the BNB treasury strategy with the backing of YZi Labs. The transaction is expected to close around July 31, 2025, at which point the company will begin deploying funds to acquire BNB tokens.  CEA Industries Stock Soars 560% The company’s plans after the closing include building an initial position in BNB, with aspirations to scale its holdings significantly over the next 12 to 24 months through a “sophisticated capital markets program.”  Additionally, they will reportedly explore staking, lending, and other opportunities within the Binance ecosystem to generate revenue while maintaining a conservative risk profile. Related Reading: XRP Won’t See Devastating Pullback Because ‘The Train Has Left The Station’ Ella Zhang, Head of YZi Labs, expressed confidence in the potential of a publicly listed Binance Coin treasury vehicle: We recognized the institutional potential from the outset, and with the PIPE announcement, our conviction has been validated. We are excited to see this vision materialize, enhancing BNB’s utility and institutional access in a sustainable manner. The market response to the announcement has been significantly positive for the company, with CEA Industries’ stock (VAPE) surging more than 560% on Monday morning following the revelation of the PIPE deal.  As of this writing, BNB is trading at $825, which is a 3% gap between the current price and the all-time high of $863 achieved earlier on Monday. Featured image from DALL-E, chart from TradingView.com 

Windtree Therapeutics (WINT), a biotech firm listed on Nasdaq, has recently made headlines by venturing into the cryptocurrency space, particularly focusing on Binance Coin (BNB).  Just over a week after raising $60 million, the company announced a substantial partnership with Build and Build Corporation, unveiling a $200 million securities purchase agreement aimed at establishing a dedicated BNB treasury. In a surprising turn of events just six days later, the firm disclosed a strategic partnership with Kraken, which will reportedly provide services such as custody, trading, and over-the-counter (OTC) solutions for Windtree’s newly formed BNB treasury strategy. Windtree Therapeutics Partners With Kraken According to the announcement, the biotech firm and the US-based cryptocurrency exchange have signed a term sheet that will be formalized into a definitive agreement pending shareholder approval of Windtree’s securities purchase agreement.  This partnership is said to open the door for potential future subscriptions of up to $140 million, led by Build and Build Corporation, further solidifying Windtree’s dive into the cryptocurrency ecosystem.  Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors By aligning with Kraken, Windtree aims to leverage the exchange’s security, liquidity, and expertise in digital asset management. Notably, Windtree distinguishes itself as the first Nasdaq-listed company to offer direct exposure to the BNB token, which ranks as the fifth-largest digital asset by market capitalization, exceeding $100 billion.  Kraken’s infrastructure is expected to play a vital role in ensuring the secure custody and efficient trading of BNB assets. The exchange’s over-the-counter desk will facilitate transactions related to Windtree’s Binance Coin treasury strategy. The Key To Windtree’s BNB Strategy Success Jed Latkin, Chief Executive Officer of Windtree, expressed enthusiasm about the partnership, stating: We are excited to partner with Kraken, a trusted leader in the cryptocurrency industry, to support our groundbreaking BNB strategy. Kraken’s expertise and secure platform will strengthen our ability to deliver unparalleled exposure to the Binance ecosystem, creating significant value for our shareholders. Related Reading: Crypto Founder Reveals What Will Drive Ethereum Price To $10,000 David Olsson, Global Head of Institutional Client Solutions at Kraken, echoed this sentiment, emphasizing the exchange’s commitment to expanding access to BNB and the Binance Smart Chain.  “Our deep liquidity and industry-leading security infrastructure allow us to deliver bespoke solutions tailored to the needs of corporate treasury teams,” he added.  “With qualified custody, a leading staking platform, and seamless OTC execution, we’re well-positioned to support Windtree as they execute their digital asset strategy with confidence and precision.” As of this writing, Binance Coin is trading at $782, marking a 20% surge over the past month. This makes it one of the top performers among the ten largest cryptocurrencies in the market over this period. Yet, the token has a 3% gap from its record high of $809. Featured image from DALL-E, chart from TradingView.com 

Changpeng Zhao (CZ), the co-founder of Binance and former CEO of the world’s largest cryptocurrency exchange, is reportedly aligning himself with President Donald Trump’s policy initiatives following his recent release from a four-month jail sentence.  This shift comes as Zhao seeks to navigate the complexities of his situation in the US in light of his legal challenges, including a formal application for a presidential pardon after serving time for violations related to anti-money laundering laws (AML). Will CZ’s Strategy Result? As reported by Crypto in America, Zhao’s foundation, Giggle Academy, has partnered with American Legion Charities to donate $2 million to create a permanent scholarship for the children of fallen and disabled US service members.  Per the report, this initiative is particularly timely, coinciding with Trump’s renewed focus on artificial intelligence (AI) and blockchain technology.  Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors Zhaos’ scholarship program aims to empower students by providing grants of up to $20,000 and features an annual competition that encourages participants to address pressing societal issues with innovative solutions. This aligns with the Trump administration’s broader objectives, which include bolstering America’s position as a global leader in technology and cryptocurrency while supporting veterans and their families.  Recently, the president’s administration approved an $832 billion defense funding bill that includes pay raises and enhanced benefits for service members, further underscoring this commitment. Former Binance CEO’s Pardon Application Gains Traction  Industry insiders view Zhao’s “philanthropic initiative” as potentially strategic, suggesting that it could be an attempt to gain favor with the president. “CZ knows what he’s doing,” remarked a crypto executive familiar with the landscape. The executive, who chose to remain anonymous when responding to Crypto in America’s inquiries, further stated: For the US to maintain its status as the crypto capital of the world, it needs strong leadership from its top exchanges and entrepreneurs. Moreover, we need a skilled workforce to drive the future economy. Related Reading: Crypto Founder Reveals What Will Drive Ethereum Price To $10,000 Adding to Binance’s former CEO complex situation in the country, recent speculation has emerged regarding his chances of receiving a presidential pardon.  CZ has topped crypto-betting platform Polymarket’s leaderboard as the individual most likely to be pardoned by President Donald Trump in 2025, according to recent polls. This narrative gained momentum after Zhao confirmed on a podcast that he had formally applied for a pardon. This came after a tumultuous year in which he faced significant legal hurdles, leading him to leave Binance and relinquish any role in its operations. When writing, the exchange’s native token Binance Coin (BNB) trades at $782, a gap of over 3% from its current record high of $809 reached two days ago.  Featured image from CNBC, chart from TradingView.com 

Windtree Therapeutics (WINT), a biotech company dedicated to developing therapies for critical health conditions, has announced a significant partnership with Build and Build Corporation. The two companies revealed a $200 million securities purchase agreement aimed at establishing a Binance Coin (BNB) treasury. First NASDAQ-Listed Company Offering Direct BNB Exposure Under the terms of this agreement, Windtree has the potential to secure an additional $140 million in gross proceeds through future subscriptions, which would bring total subscriptions to $200 million.  The funds—expected to come in the form of cash, shares of Osprey BNB Chain Trust, and BNB tokens—will primarily be utilized to implement a BNB crypto treasury strategy.  Related Reading: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts This, according to the firm’s official announcement, positions Windtree as a pioneer in the BNB digital asset space, aiming to be the first NASDAQ-listed company to provide direct exposure to the BNB token, which currently ranks as the fifth-largest blockchain by market capitalization. The initiative reportedly addresses a pressing need for both retail and institutional investors seeking regulated access to the Binance ecosystem, one of the leading ecosystems in the digital asset industry. The Most Liquid Crypto Exchange Token?  The firm also praised the Binance ecosystem, anchored by one of the world’s largest cryptocurrency exchanges. Windtree also considered the growing metrics of the token, noting that BNB boasts average daily trading volumes exceeding $2 billion, making it the largest and most liquid crypto exchange token globally. Patrick Horsman, CFA and Director of Build & Build Corp, expressed enthusiasm about the partnership, stating: We are thrilled to propose a groundbreaking BNB strategy to the US market. This innovative solution will offer investors targeted exposure to Binance and BNB, addressing what we believe to be a critical gap in the US investment landscape. Related Reading: Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoin—Reuters The Binance Smart Chain supports swift, low-cost transactions and fosters a thriving decentralized finance (DeFi) ecosystem that includes thousands of decentralized applications (dApps) and millions of users.  With a dominant market share in Asia, Windtree asserts that Binance and its ecosystem are poised for significant growth in both global and US markets. Jed Latkin, Chief Executive Officer of Windtree, emphasized the importance of this transaction, noting: Today marks a pivotal moment for Windtree. This transaction secures up to $200 million from institutional investors, offering our shareholders a unique opportunity to gain exposure to a BNB-focused crypto treasury strategy. At the time of writing, Binance Coin is trading at $717, having registered significant gains of 9% and 10% over the past fourteen days and one month, respectively. Despite this recovery, the token is still trading 8.6% below its record price of $788, which was reached during last December’s rally. Featured image from DALL-E, chart from TradingView.com

BNB price is correcting gains from the $708 zone. The price is now facing hurdles near $692 and might dip again toward the $675 support. BNB price is attempting to recover from the $675 support zone. The price is now trading below $690 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $692 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $680 level to start another increase in the near term. BNB Price Faces Hurdles After a steady increase, BNB price failed to clear the $710 zone. There was a downside correction below the $690 and $680 levels, unlike Ethereum and Bitcoin. The price even dipped below $678 and tested $675. A low was formed at $674 and the price is now attempting to recover. There was a move above $680. The price climbed above the 50% Fib retracement level of the downward move from the $707 swing high to the $674 low. However, the bears are active near $692. There is also a key bearish trend line forming with resistance at $692 on the hourly chart of the BNB/USD pair. The price is now trading below $690 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $692 level. The next resistance sits near the $695 level or the 61.8% Fib retracement level of the downward move from the $707 swing high to the $674 low. A clear move above the $695 zone could send the price higher. In the stated case, BNB price could test $708. A close above the $708 resistance might set the pace for a larger move toward the $720 resistance. Any more gains might call for a test of the $732 level in the near term. Another Decline? If BNB fails to clear the $692 resistance, it could start another decline. Initial support on the downside is near the $682 level. The next major support is near the $680 level. The main support sits at $674. If there is a downside break below the $674 support, the price could drop toward the $665 support. Any more losses could initiate a larger decline toward the $650 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $685 and $680. Major Resistance Levels – $692 and $708.

BNB price is gaining pace above the $650 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $620 support zone. The price is now trading above $655 and the 100-hourly simple moving average. There is a key contracting triangle forming with resistance at $662 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $655 level to start another increase in the near term. BNB Price Eyes More Gains After forming a base above the $620 level, BNB price started a fresh increase. There was a move above the $645 and $650 resistance levels, like Ethereum and Bitcoin. The price even surged above the $660 level. A high was formed at $666 before there was a downside correction. The price dipped below the 50% Fib retracement level of the upward move from the $650 swing low to the $666 swing high. The price is now trading above $655 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $662 level. There is also a key contracting triangle forming with resistance at $662 on the hourly chart of the BNB/USD pair. The next resistance sits near the $665 level. A clear move above the $665 zone could send the price higher. In the stated case, BNB price could test $672. A close above the $672 resistance might set the pace for a larger move toward the $680 resistance. Any more gains might call for a test of the $700 level in the near term. Another Decline? If BNB fails to clear the $662 resistance, it could start another decline. Initial support on the downside is near the $655 level and the 61.8% Fib retracement level of the upward move from the $650 swing low to the $666 swing high. The next major support is near the $650 level. The main support sits at $644. If there is a downside break below the $644 support, the price could drop toward the $632 support. Any more losses could initiate a larger decline toward the $620 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $655 and $650. Major Resistance Levels – $662 and $665.

BNB price is gaining pace above the $632 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading below $632 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $632 level to start another increase in the near term. BNB Price Eyes More Gains After forming a base above the $600 level, BNB price started a fresh increase. There was a move above the $620 and $625 resistance levels, like Ethereum and Bitcoin. There was a decent move above the 50% Fib retracement level of the recent decline from the $651 swing high to the $602 low. Besides, there was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB/USD pair. The price is now trading below $632 and the 100-hourly simple moving average. It is also consolidating near the 76.4% Fib retracement level of the recent decline from the $651 swing high to the $602 low. On the upside, the price could face resistance near the $644 level. The next resistance sits near the $650 level. A clear move above the $650 zone could send the price higher. In the stated case, BNB price could test $665. A close above the $665 resistance might set the pace for a larger move toward the $680 resistance. Any more gains might call for a test of the $700 level in the near term. Another Decline? If BNB fails to clear the $644 resistance, it could start another decline. Initial support on the downside is near the $635 level. The next major support is near the $632 level. The main support sits at $625. If there is a downside break below the $625 support, the price could drop toward the $612 support. Any more losses could initiate a larger decline toward the $600 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $632 and $625. Major Resistance Levels – $644 and $650.

BNB finds itself at a pivotal crossroads where conflicting signals collide — a bearish breakdown challenging key support levels, yet a bullish flag pattern hints at a potential upward surge. This paradox leaves traders and investors weighing which force will ultimately dominate the market’s next move. As pressure mounts from both sides, understanding the technical nuances behind this tug-of-war becomes crucial to anticipating BNB’s trajectory in the near term. BNB Faces Pressure From Key Technical Levels Analyzing the BNBUSD setup on the M30 timeframe, Thomas Anderson in an X post highlighted that the price is currently testing the yellow support line at $626.95, following a decisive drop below the cyan price line at $633.99. This breakdown has shifted short-term sentiment, suggesting that sellers are beginning to exert stronger control over the price action. Related Reading: BNB Price Breakout Could Trigger ATH Rally Repeat – Is $730 The Next Stop? According to Anderson, the 200 MA (red line), positioned between $642 and $645, is now acting as a dynamic resistance zone overhead. With price trading below this moving average, any attempts at recovery may face immediate rejection.  He also pointed out that the H1 chart confirms the ongoing bearish momentum, with the price continuing to trade below both the cyan level and the 200 MA. This alignment between the M30 and H1 timeframes strengthens the case for further downside movement, especially if the current support at $626.95 fails to hold. Until buyers manage to reclaim key resistance levels, the overall outlook remains weak, and traders should keep an eye on how the price behaves around the current support to gauge the next likely move. BNB’s Price Outlook Strengthened By Bullish Continuation Signal Despite the bearish outlook presented by Thomas Anderson, eL Zippo expressed a more optimistic stance in his latest X tweet regarding BNB. He believes that BNB still has the potential to rise in value, challenging the prevailing negative sentiment around its recent price action. Related Reading: BNB Price Eyes Comeback: Can It Regain Momentum and Rally Higher? EL Zippo’s view is supported by the formation of a bullish flag pattern on the chart. This pattern is widely recognized as a continuation signal, indicating that the asset may resume its prior upward trend after a period of consolidation. For eL Zippo, the presence of this structure suggests that BNB could be setting up for another leg higher if market conditions align. At the time of writing, BNB was trading around the $623 mark, reflecting steady price action. The asset’s market capitalization stood at approximately $87.7 billion, signaling strong investor interest. Additionally, BNB recorded a 24-hour trading volume of roughly $1.8 billion, with price and volume showing percentage gains of 2.11% and 13.22%, respectively—an indication of renewed activity and positive sentiment in the market. Featured image from Adobe Stock, chart from Tradingview.com

Amid the market performance, BNB is attempting to reclaim the $650 level. Some analysts believe that a breakout toward the $700 barrier might occur next, which could lead to a bigger move to new highs. Related Reading: Solana Correction About To End? Analyst Forecasts $130 Retest Before Next Wave Up BNB Breakout To Retest $700 On Friday, BNB dropped to the $640 support after failing to hold the mid-zone of its local price range. The cryptocurrency has been trading within the $630-$690 price range following its reclaim of the $600 barrier last month. During the May breakout, BNB neared the crucial $700 resistance level, hitting a four-month high of $697. This key level propelled the altcoin’s price toward its $788 all-time high (ATH) after being broken in late 2024 and was lost during the early 2025 pullbacks. Now, the cryptocurrency is eyeing a reclaim of this area as support to continue its price recovery. Analyst Carl Runefelt from The Moon Show noted that BNB displays a one-month descending triangle pattern on the daily timeframe, with price compressing between the support and resistance levels. According to the chart, the formation’s support sits around the $635 level, while the descending resistance sits around the $650 area. To Runefelt, a bullish breakout from this pattern could propel the token 10% toward the $700 resistance. Notably, reclaiming and confirming this key area as support could also send BNB’s price toward another crucial horizontal level. Analyst Crypto Batman recently highlighted that BNB is forming a multi-month ascending triangle, “holding strong” near the ascending trendline after continuing to bounce from the $635-$640 support zone. To the market watcher, “Even with market uncertainty, BNB structure is clean after respecting the trendline and bouncing off major support, now eyeing a breakout above $700,” which could be part of a bigger move toward the $800 level. Is A Move To $800 Coming? Crypto Batman also noted that the cryptocurrency could be following the same price action as last year. He asserted that the altcoin’s price “loves testing key zones before liftoff,” adding that it is displaying the same base form as it did in Q3 2024. Last year, the token formed a three-month base around the $460-$470 area, which led to an “explosive” run over the next few months. This year, BNB formed a similar base near the $550 level, and it’s “showing strength again.” To the analyst, “If the pattern repeats, then patience will give us profits.” Additionally, he pointed out that despite the early April retraces, BNB held its macro range, trading above the range lows and multi-time-tested support. Related Reading: SUI Preparing For New Highs As Falling Wedge Breakout Targets $5 The cryptocurrency is now consolidating near the mid-zone, which could propel the price to a retest of the macro range highs around the $729 mark. He explained that “If we see a breakout above the $729 resistance, it could open the path toward a 50% move to the upside.” The analyst affirmed that BNB’s structure remains bullish as long as the cryptocurrency holds the $490-$500 levels, adding that the $600 mark is also a strong support. As of this writing, BNB is trading at $641, a 2.9% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

BNB finds itself at a pivotal moment as price action tightens between two critical technical zones. After a period of consolidation, the cryptocurrency is testing resistance near the 200-period moving average, hovering around the $653 mark. Meanwhile, support around the $640 level continues to hold firm, acting as a safety net for bulls trying to defend the current structure. 200 MA Acts As A Ceiling Against BNB Uptrend According to Thomas Anderson in a recent X post, the M15 BNB chart reveals that the price is currently testing resistance around the $651.50 level, marked by a horizontal yellow line. Related Reading: BNB Coils For Impact: Will $670 Crack Under Pressure? This move follows a recent bounce off the ascending white trendline support, indicating that buyers are still defending the short-term uptrend. However, price action remains just beneath the 200-period moving average (red line), which is acting as a dynamic resistance zone near the $653 mark. Momentum indicators are offering mixed signals at the moment. The MACD continues to print negative values, showing that bearish pressure hasn’t fully dissipated, while the RSI has started recovering from previously oversold conditions. This combination suggests the potential for a short-term bounce within the ascending channel. M30 And H1 Charts Are Aligning In an updated post, the analyst also went further to examine the BNB M30 chart, where price is currently trading at $650.10 and appears to be consolidating just below the 200-period moving average (red line) situated around the $653 level. This area is acting as a key short-term resistance zone, and price action has shown hesitation around it, reflecting a battle between buyers and sellers. Interestingly, the H1 chart mirrors this behavior, showing a broader ascending channel structure that suggests an underlying bullish bias, though still unconfirmed. Related Reading: BNB Price Reclaims $600 — Is This the Start of a Major Upside Move? The immediate resistance to watch remains near the $653 mark, aligned with the 200 MA on both the M30 and H1 timeframes. If bulls can muster enough strength to break and sustain above this level, it could trigger a fresh wave of upward momentum for BNB toward the next resistance at $657. This would represent a potential continuation of the ascending channel’s structure and hint at growing bullish control in the short term. On the flip side, if price fails to push above the $653 resistance, consolidation may begin to lose steam. In such a scenario, a retreat toward the previous swing low near the $640 level becomes likely. This support area has already proven its strength and could be the next level of defense if bearish pressure increases. Traders are watching closely, as these levels may determine BNB’s next directional move. Featured image from Adobe Stock, chart from Tradingview.com

Crypto analyst Wise Crypto recently turned the spotlight on BNB, noting in a post on X that the asset is approaching a critical technical juncture. According to his analysis, the weekly chart is coiling up with increasing pressure against the key resistance zone around $670, a level that has historically acted as a formidable ceiling. This repeated test of resistance has drawn heightened attention from traders, watching for a potential breakout. The BNB Breakout Blueprint According to Wise Crypto, BNB is currently hovering just below the long-standing resistance zone near $670. He noted that market activity is intensifying, with volume beginning to rise, a signal that momentum may be building behind the scenes. As price continues to coil beneath this significant barrier, pressure is mounting, and a decisive breakout could catalyze a powerful upward move. Related Reading: BNB Rally To All-Time High Grows Strong, But This Crucial Zone Must Hold Wise Crypto outlined several potential targets for BNB if it manages to break above the key resistance zone. The initial target is approximately $710, representing the next significant resistance level that will test the durability of the rally. This price point may act as a stepping stone for further gains, providing early confirmation that the breakout is gaining traction. If buying momentum remains strong, the second target of $742 comes into focus. Beyond that, Wise Crypto highlights a possible retest of BNB’s all-time high around $800 as the ultimate goal. While ambitious, this target could be within reach if the breakout is backed by robust trading volume and continued bullish enthusiasm from the market. Confirmation Signals To Watch In conclusion, the analyst stressed that this is not merely a random price surge but a move supported by strong technicals and fundamentals. Binance’s sustained dominance in the crypto space, along with BNB’s key role in its ecosystem and increasing real-world utility, all point toward a lasting and meaningful upside for the token.  Related Reading: BNB Price Slingshot To $1,000: Why The 50 EMA Could Hold The Key A weekly close above the $670 resistance zone would act as a major confirmation that bullish momentum is taking hold. Such a close would suggest that BNB is ready to break free from historical ceilings and open the door for further gains. Volume trends will also play a crucial role. A breakout accompanied by a strong increase in trading volume would provide the “rocket fuel” needed to propel BNB higher. Lastly, holding above the $710 mark is essential, as this level represents an acceleration zone where buying pressure could intensify and push BNB toward even higher targets. These factors combined will be key indicators for traders looking to capitalize on the next move. Featured image from Adobe Stock, chart from Tradingview.com

BNB price is consolidating above the $665 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $655 support zone. The price is now trading below $675 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $665 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $660 level to start another increase in the near term. BNB Price Eyes Steady Gains After forming a base above the $652 level, BNB price started a fresh increase. There was a move above the $655 and $665 resistance levels, like Ethereum and Bitcoin. There was a decent move above the 23.6% Fib retracement level of the recent decline from the $691 swing high to the $653 low. Besides, there was a break above a connecting bearish trend line with resistance at $665 on the hourly chart of the BNB/USD pair. The price is now trading below $675 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $672 level. It is close to the 50% Fib retracement level of the recent decline from the $691 swing high to the $653 low. The next resistance sits near the $677 level. A clear move above the $677 zone could send the price higher. In the stated case, BNB price could test $680. A close above the $680 resistance might set the pace for a larger move toward the $685 resistance. Any more gains might call for a test of the $700 level in the near term. Another Decline? If BNB fails to clear the $675 resistance, it could start another decline. Initial support on the downside is near the $665 level. The next major support is near the $662 level. The main support sits at $655. If there is a downside break below the $655 support, the price could drop toward the $650 support. Any more losses could initiate a larger decline toward the $642 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $662 and $655. Major Resistance Levels – $672 and $680.

The BNB price is showing remarkable bullish strength on the weekly chart, with technical signals aligning for a potential surge to $1,000. The altcoin has not only broken resistance levels but is currently maintaining a stronghold above the 50-week Exponential Moving Average (EMA). BNB Price Set To Catapult To $1,000 With momentum building, Binance Coin (BNB) could be gearing up for a significant price move to $1,000, taking it well above all-time high levels. This forecast, published in an analysis report by TradingView crypto expert Unichartz, notes that the BNB price action has broken above a long-standing descending resistance line, indicated by the red line in the chart. Related Reading: Crypto Analyst Releases Next Potential Targets For Cardano, Is $1 ADA Still Possible? The breakout from this downtrend signals the end of a multi-month consolidation phase and a potentially imminent trend reversal. More notably, the cryptocurrency has reclaimed a historical support-resistance zone marked in the shaded gray area around the $460 – $535 range, which previously acted as a ”battleground for bulls and bears.” This key level is now serving as a potential launchpad for further gains, reinforcing the BNB chart’s bullish structure.  Moving forward, the 50 EMA, highlighted by the orange line in the chart, has repeatedly acted as a dynamic support for the BNB price during pullbacks. The TradingView analyst has revealed that on multiple occasions, BNB bounced off this moving average, confirming it as a reliable foundation for a potential rally.  As long as the price continues to trade above this 50 EMA and within the reclaimed zone, Unichartz’s outlook for BNB remains optimistic. With sustained bullish momentum, a retest of the all-time high zone around $793 is likely. A successful breakout above this level could trigger a 45.99% climb toward the psychological $1,000 mark.  BNB Bulls In Control As Price Aims For Fresh Breakout  Market analyst Wise Crypto has issued a bullish forecast for the BNB price, anticipating a massive breakout that could see the altcoin surge above $700 soon. According to the analyst, several technical indicators and bullish developments are aligning in favor of this projected price surge. Related Reading: Crypto Analyst Says “Altseason Is Dawning” As Bitcoin Dominance Reaches HTF Resistance, What To Expect On the technical side, Wise Crypto pointed to indicators like the EMA, DMI, and Ichimoku Clouds flashing bullish. Fundamentally, the analyst emphasized Binance Coin’s growing Decentralized Exchange (DEX) volume. Notably, BNB’s DEX volume has skyrocketed by an impressive 85.66% increase within one week. The DEX trading volume saw a rise of about $34.85 billion, placing it well above its major competitors, Ethereum and Solana.  Moreover, Wise Crypto has declared that BNB bulls have finally taken control, with the market trend demonstrating strength. Supported by positive technical indicators and growing DEX volume, the BNB price is expected to climb approximately 2.21% from its current price of $684.85 to reach $700 in the near term. Featured image from Adobe Stock, chart from Tradingview.com

BNB weekly chart is catching attention after market analyst UniChartz noted that the cryptocurrency exhibits strong upward momentum, supported by the crucial technical 50-week Exponential Moving Average (EMA). This moving average has been tested multiple times, but continues to act as solid, dynamic support, preventing deeper pullbacks and maintaining the structure of the current uptrend. Support Flips Bullish: Former Resistance Now Fuels Rally In the post on X, UniChartz emphasized a critical development in BNB’s recent price action. He pointed out that the asset has broken above a long-standing descending resistance line, a move that signals a possible shift in overall market structure. This breakout is a bullish signal on its own, but what makes it even more compelling is that BNB has also reclaimed a major support-resistance zone. Related Reading: BNB Price Finds Its Footing — Can Bulls Ignite the Next Leg Up? According to UniChartz, this reclaimed zone, once a hotly contested battleground between buyers and sellers, has now transformed into a solid base for the ongoing rally. This transition from resistance to support reflects growing bullish conviction and suggests that market participants are more willing to accumulate at higher levels, rather than sell into strength. The descending trendline breakout and the firm support zone add strong technical confirmation to the upward case for BNB. UniChartz highlighted that these two zones are now acting as crucial pillars for the current uptrend and must hold to keep upside momentum intact. As long as the price holds above this reclaimed level, the path appears clearer for further upside, with bulls potentially targeting higher resistance zones in the coming weeks. BNB Bullish Structure Intact Delivering his final verdict, analyst UniChartz expressed a confident outlook on BNB’s trajectory, noting that the technical structure remains decisively bullish. Should BNB maintain its footing above these areas, UniChartz believes the next major objective will be a retest of the all-time high region near $793.  Related Reading: BNB Price Surge Ahead: Standard Chartered Estimates $2,775 Value By 2028 This level marks a significant psychological and technical barrier, and a successful challenge could serve as a strong catalyst for the asset. If bulls manage to break and close above this target with volume, it may open the door for an extended rally, propelling BNB toward the $1,000 milestone and beyond. Such a move would reaffirm the strength of the current trend and solidify BNB’s status as one of the top-performing assets in the crypto space. However, continued bullish momentum, healthy market conditions, and supportive volume patterns will be key factors in determining whether BNB can sustain this upward trajectory and push into a price discovery phase. Featured image from Adobe Stock, chart from Tradingview.com

BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support zone. The price is now trading above $655 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $652 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $642 level to start another increase in the near term. BNB Price Eyes Upside Break After forming a base above the $642 level, BNB price started a fresh increase. There was a move above the $650 and $655 resistance levels, like Ethereum and Bitcoin. There was a decent move above the 50% Fib retracement level of the recent decline from the $671 swing high to the $642 low. Besides, there was a break above a connecting bearish trend line with resistance at $652 on the hourly chart of the BNB/USD pair. The price is now trading above $655 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $660 level. It is close to the 61.8% Fib retracement level of the recent decline from the $671 swing high to the $642 low. The next resistance sits near the $670 level. A clear move above the $670 zone could send the price higher. In the stated case, BNB price could test $678. A close above the $678 resistance might set the pace for a larger move toward the $685 resistance. Any more gains might call for a test of the $700 level in the near term. Another Decline? If BNB fails to clear the $660 resistance, it could start another decline. Initial support on the downside is near the $652 level. The next major support is near the $650 level. The main support sits at $642. If there is a downside break below the $642 support, the price could drop toward the $630 support. Any more losses could initiate a larger decline toward the $620 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $650 and $642. Major Resistance Levels – $660 and $670.

BNB price is consolidating above the $605 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading above $612 and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $622 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $612 level to start another increase in the near term. BNB Price Eyes More Gains After forming a base above the $600 level, BNB price started a fresh increase. There was a move above the $605 and $612 resistance levels, like Ethereum and Bitcoin. The bulls even pushed the price above the $625 level. A high was formed at $629 and the price is now consolidating gains above the 23.6% Fib retracement level of the recent wave from the $597 swing low to the $629 high. The price is now trading above $622 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support near $622 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $628 level. The next resistance sits near the $630 level. A clear move above the $630 zone could send the price higher. In the stated case, BNB price could test $642. A close above the $642 resistance might set the pace for a larger move toward the $650 resistance. Any more gains might call for a test of the $655 level in the near term. Another Decline? If BNB fails to clear the $630 resistance, it could start another decline. Initial support on the downside is near the $622 level. The next major support is near the $620 level. The main support sits at $612 and the 50% Fib retracement level of the recent wave from the $597 swing low to the $629 high. If there is a downside break below the $612 support, the price could drop toward the $605 support. Any more losses could initiate a larger decline toward the $600 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $622 and $612. Major Resistance Levels – $630 and $642.

BNB price is consolidating above the $595 support zone. The price is now consolidating near $600 and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading near $602 and the 100-hourly simple moving average. There is a key rising channel forming with support near $600 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $598 level to start another increase in the near term. BNB Price Holds Key Support After forming a base above the $592 level, BNB price started a fresh increase. There was a move above the $595 and $600 resistance levels, like Ethereum and Bitcoin. The bulls even pushed the price above the $605 level. A high was formed at $611 before there was a minor downside correction. The price retested the $600 support zone. A low was formed at $598 and the price climbed above the 23.6% Fib retracement level of the recent decline from the $611 swing high to the $598 low. The price is now trading near $602 and the 100-hourly simple moving average. There is also a key rising channel forming with support near $600 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $606 level and the 61.8% Fib retracement level of the recent decline from the $611 swing high to the $598 low. The next resistance sits near the $610 level. A clear move above the $610 zone could send the price higher. In the stated case, BNB price could test $620. A close above the $620 resistance might set the pace for a larger move toward the $635 resistance. Any more gains might call for a test of the $650 level in the near term. Another Decline? If BNB fails to clear the $610 resistance, it could start another decline. Initial support on the downside is near the $600 level. The next major support is near the $598 level. The main support sits at $592. If there is a downside break below the $592 support, the price could drop toward the $585 support. Any more losses could initiate a larger decline toward the $580 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $600 and $598. Major Resistance Levels – $606 and $610.

BNB price is rising from the $580 support zone. The price is now consolidating gains above $600 and might aim for more gains in the near term. BNB price is attempting to recover above the $615 resistance zone. The price is now trading above $600 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $611 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $600 level to start another increase in the near term. BNB Price Eyes More Upsides After forming a base above the $580 level, BNB price started a fresh increase. There was a move above the $595 and $600 resistance levels, like Ethereum and Bitcoin. The bulls even pushed the price above the $610 level. A high was formed at $620 before there was a minor downside correction. The price dipped below the 23.6% Fib retracement level of the upward move from the $594 swing low to the $620 high. The price is now trading above $600 and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $611 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $618 level. The next resistance sits near the $620 level. A clear move above the $620 zone could send the price higher. In the stated case, BNB price could test $635. A close above the $635 resistance might set the pace for a larger move toward the $650 resistance. Any more gains might call for a test of the $665 level in the near term. Another Decline? If BNB fails to clear the $620 resistance, it could start another decline. Initial support on the downside is near the $611 level. The next major support is near the $607 level and the 50% Fib retracement level of the upward move from the $594 swing low to the $620 high. The main support sits at $600. If there is a downside break below the $600 support, the price could drop toward the $585 support. Any more losses could initiate a larger decline toward the $580 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $611 and $607. Major Resistance Levels – $618 and $620.

The cryptocurrency market thrives on pivotal make-or-break moments at certain price levels where assets either collapse or catapult higher. For BNB, the $531 support level has proven to be a turning point. After a period of uncertainty, BNB has held this crucial zone and ignited a powerful rebound, confirming a shift in market structure from cautious consolidation to bullish momentum. This resurgence is more than just a technical bounce. It reflects growing confidence among traders, resilient demand at key levels, and a broader market appetite for altcoins as Bitcoin stabilizes. With strong volume, reclaiming key moving averages, and breaking near-term resistance, BNB is signaling that the correction phase may be over.  BNB Chart Pattern Signaling Sustained Momentum In a recent post shared on X, UniChartz highlighted that BNB is currently displaying strong bullish momentum after rebounding from a key zone. This level, which once served as a major resistance barrier, has now flipped into solid support, a classic bullish signal that often reinforces the strength of an ongoing uptrend.  Related Reading: BNB Price Eyes Breakout, But $600 Remains A Stubborn Ceiling According to the analysis, the successful retest of this zone validates the breakout and suggests that buyers are stepping in. With momentum building and price structure aligning in favor of the bulls, BNB could be primed for further climb if this support continues to hold firm. He further noted that as long as BNB maintains its position above this key support zone, the overall bullish structure remains intact, keeping the momentum firmly in favor of the bulls. This sustained strength reinforces the possibility of a continued climb, with the path toward a new all-time high (ATH) near the $794 level looking increasingly viable. This outlook is supported by the 50-day Exponential Moving Average (EMA), which continues to serve as dynamic support, closely tracking price action and cushioning minor pullbacks. The alignment of price above this moving average further solidifies the current uptrend, suggesting that BNB may be gearing up for a sustained rally if broader market sentiment remains favorable. Breaking Barriers: Key Resistance Levels To Watch Currently, BNB is on the verge of breaking above the crucial $605 resistance level. This level serves as a psychological barrier and aligns with a key technical area where selling pressure has historically emerged. A decisive break above this resistance, especially if supported by a strong surge in trading volume, might signal a clear confirmation of buyer dominance in the market. Related Reading: BNB Price Faces More Downside—Can Bulls Step In? Such a breakout would likely trigger a wave of new buying interest from retail traders and institutional participants. More importantly, clearing this level could open the door for BNB to target higher resistance zones, including the $680, $724, and all-time highs. Until then, traders should watch this level closely because BNB’s response here could shape the trajectory of its next major move. Featured image from iStock, chart from Tradingview.com

BNB price is recovering from the $575 support zone. The price is now consolidating gains and might face hurdles near $585 and $600. BNB price is attempting to recover above the $580 resistance zone. The price is now trading below $585 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $585 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $575 level to start another increase in the near term. BNB Price Faces Resistance After struggling to clear the $595 resistance, BNB price started a fresh decline. There was a move below the $590 and $585 levels, like Ethereum and Bitcoin. A low was formed at $576 and the price is now attempting to recover. There was a move above the $580 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $594 swing high to the $576 low. The price is now trading below $585 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $585 level. There is also a connecting bearish trend line forming with resistance at $585 on the hourly chart of the BNB/USD pair. The next resistance sits near the $588 level and the 61.8% Fib retracement level of the downward move from the $594 swing high to the $576 low. A clear move above the $588 zone could send the price higher. In the stated case, BNB price could test $595. A close above the $595 resistance might set the pace for a larger move toward the $600 resistance. Any more gains might call for a test of the $620 level in the near term. Another Decline? If BNB fails to clear the $585 resistance, it could start another decline. Initial support on the downside is near the $580 level. The next major support is near the $575 level. The main support sits at $562. If there is a downside break below the $562 support, the price could drop toward the $550 support. Any more losses could initiate a larger decline toward the $535 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $580 and $575. Major Resistance Levels – $585 and $595.

BNB price is recovering from the $535 support zone. The price is now consolidating gains and might face hurdles near $588 and $600. BNB price is attempting to recover above the $575 resistance zone. The price is now trading above $565 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $565 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $560 level to start another increase in the near term. BNB Price Faces Resistance After forming a base above the $535 level, BNB price started a fresh increase. There was a move above the $550 and $560 resistance levels. It even recovered above the $580 level before the bears appeared, like Ethereum and Bitcoin. A high was formed at $586 and the price recently correcting some gains. There was a move below the $575 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $534 swing low to the $585 high. However, the bulls were active near the $565 support zone. There is also a connecting bullish trend line forming with support at $565 on the hourly chart of the BNB/USD pair. The price is now trading above $560 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $580 level. The next resistance sits near the $585 level. A clear move above the $585 zone could send the price higher. In the stated case, BNB price could test $592. A close above the $592 resistance might set the pace for a larger move toward the $600 resistance. Any more gains might call for a test of the $620 level in the near term. Another Decline? If BNB fails to clear the $588 resistance, it could start another decline. Initial support on the downside is near the $570 level. The next major support is near the $565 level. The main support sits at $560 and the 50% Fib retracement level of the upward move from the $534 swing low to the $585 high. If there is a downside break below the $560 support, the price could drop toward the $550 support. Any more losses could initiate a larger decline toward the $535 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $565 and $560. Major Resistance Levels – $588 and $600.

BNB price is recovering from the $588 support zone. The price is now correcting gains and might struggle to stay above the $600 support. BNB price is attempting to recover above the $600 resistance zone. The price is now trading below $610 and the 100-hourly simple moving average. There is a short-term declining channel forming with resistance at $610 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $600 level to start another increase in the near term. BNB Price Faces Resistance After forming a base above the $588 level, BNB price started a fresh increase. There was a move above the $600 and $610 resistance levels. It even recovered above the $615 level before the bears appeared, like Ethereum and Bitcoin. A high was formed at $618 and the price is now correcting gains. There was a move below the $615 level. The price dipped below the 50% Fib retracement level of the upward move from the $587 swing low to the $618 high. There is also a short-term declining channel forming with resistance at $610 on the hourly chart of the BNB/USD pair. The price is now trading below $610 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $610 level. The next resistance sits near the $612 level. A clear move above the $612 zone could send the price higher. In the stated case, BNB price could test $618. A close above the $620 resistance might set the pace for a larger move toward the $626 resistance. Any more gains might call for a test of the $635 level in the near term. Another Decline? If BNB fails to clear the $610 resistance, it could start another decline. Initial support on the downside is near the $600 level. The next major support is near the $598 level and the 61.8% Fib retracement level of the upward move from the $587 swing low to the $618 high. The main support sits at $594. If there is a downside break below the $594 support, the price could drop toward the $585 support. Any more losses could initiate a larger decline toward the $565 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $600 and $598. Major Resistance Levels – $610 and $618.

The crypto market just got a shock as BNB plunged below the crucial $605 support level, sending ripples of concern across trading circles. This sudden breakdown comes after weeks of bullish dominance, leaving investors scrambling to answer one critical question: Is this a temporary dip or the start of a major trend reversal? With weakening momentum and key technical indicators flashing red, BNB charts are telling a worrisome story. The once-steady uptrend now faces its toughest test as the token struggles to maintain its footing in a suddenly bearish market. Bearish Pressure Builds: Are BNB Sellers Gaining Control? BNB’s price is facing growing bearish pressure after slipping below the crucial $605 level, signaling a potential shift in market momentum. The failed attempt to hold this key support has allowed sellers to take control, pushing BNB lower and raising concerns about a prolonged decline.  Related Reading: BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip Technical indicators further confirm the increasing strength of sellers. The MACD has turned negative, indicating a loss of upward momentum, while the RSI is trending downward, suggesting that buying pressure is weakening. Additionally, trading volume remains low on attempted rebounds, highlighting a lack of conviction from bulls. If sellers maintain their grip, BNB could extend its decline toward the next major support zone around $531, which previously served as a short-term bounce level during past corrections. A break below this zone would solidify bearish dominance and cause a deeper decline to $500. Below $500, the next key level to watch is $454, representing a technical support area. Pushing below this level may trigger an extended sell-off, driving BNB toward other key support levels where traders may look for signs of reversal. What Needs To Happen For A Rebound For BNB to stage a meaningful recovery after breaking below $605, the bulls must reclaim key levels and generate strong buying momentum. Its first crucial step is stabilizing above $530, a short-term support zone that could provide the foundation for a reversal. Holding this level would signal that buyers are stepping in, preventing more declines. Related Reading: BNB Flips Solana’s Market Cap Amid Market Retrace – Breakout To $700 Coming? A sustained move back above $605 would be the next major confirmation of a recovery. Reclaiming this level as support might shift market sentiment in favor of the bulls and trigger renewed buying interest. Additionally, the Relative Strength Index (RSI) needs to rebound from oversold conditions, while the MACD crossover into bullish territory would reinforce an upside move. For a stronger bullish outlook, BNB would need to push past $680, a level that previously acted as resistance. Breaking above this zone with increasing volume could confirm a trend reversal toward $724 and $795, marking a full recovery from recent losses. Featured image from Adobe Stock, chart from Tradingview.com

BNB price is recovering from the $600 support zone. The price is rising and might aim for a fresh move toward the $640 resistance. BNB price is moving higher above the $620 resistance zone. The price is now trading below $630 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $627 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $615 level to start another increase in the near term. BNB Price Eyes Upside Break After forming a base above the $600 level, BNB price started a fresh increase. There was a move above the $618 and $610 resistance levels. It even recovered above the $625 level, like Ethereum and Bitcoin. There was a break above the 23.6% Fib retracement level of the downward move from the $645 swing high to the $615 low.  The price is now trading below $630 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $628 level. There is also a connecting bearish trend line forming with resistance at $627 on the hourly chart of the BNB/USD pair. The next resistance sits near the $630 level or the 50% Fib retracement level of the downward move from the $645 swing high to the $615 low. A clear move above the $630 zone could send the price higher. In the stated case, BNB price could test $638. A close above the $638 resistance might set the pace for a larger move toward the $650 resistance. Any more gains might call for a test of the $665 level in the near term. Another Decline? If BNB fails to clear the $630 resistance, it could start another decline. Initial support on the downside is near the $622 level. The next major support is near the $615 level. The main support sits at $600. If there is a downside break below the $600 support, the price could drop toward the $585 support. Any more losses could initiate a larger decline toward the $565 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $622 and $615. Major Resistance Levels – $628 and $630.

After a brief yet necessary cooldown, BNB is back in action, regaining bullish momentum and resuming its uptrend. The recent pullback provided a much-needed reset, allowing buyers to step in near the $605 support level and strengthen the foundation for a renewed climb.  Now, with increasing buying pressure, BNB is making another push toward key resistance levels, signaling that the rally may not be over just yet. However, breaking through overhead resistance will be a crucial test for bulls. If buying pressure continues to build, BNB could push toward new local highs. Meanwhile, if bears step in at key levels, another retracement could be on the horizon.  Technical Rebound: Charting The Recovery Momentum After a strong rally, BNB experienced a brief pullback, allowing the market to cool off before resuming its upward trajectory. Rather than signaling a reversal, this dip served as a natural correction, shaking out weak hands while providing strong support for the next move. Related Reading: BNB Price Finds Footing After Clearing $605 Resistance Toward Higher Targets During the pullback, BNB found support at a crucial level, preventing a deeper decline and reinforcing bullish confidence. The consolidation phase also helped ease overbought conditions, resetting momentum indicators like the Relative Strength Index (RSI) and allowing for a more sustainable climb. Additionally, the price is currently holding above the 100-day Simple Moving Average (SMA).  As long as the price remains above the 100-day SMA, the uptrend remains intact, suggesting the potential for further gains. As BNB continues its recovery, key resistance levels will play a crucial role in determining the strength of its uptrend. The first major hurdle lies at $680, a psychological and technical barrier where previous rejections have occurred. A decisive break above this level could attract more buying pressure, paving the way for more growth.  Beyond $680, the next resistance to monitor is around $725, where sellers previously stepped in during the last rally. Clearing this zone would signal strong upward movement and open the door for a potential test of the $795 mark, a key milestone that might fuel further upside. BNB Bearish Risks: What Could Halt The Uptrend? Despite BNB’s renewed bullish momentum, several factors could stall its upward movement. One key risk is failure at critical resistance levels, particularly around $680. A rejection at these points combined with declining buying pressure, would trigger a pullback and encourage profit-taking. Related Reading: BNB Ready To Breakout? New ATH Coming ‘In No Time’ If This Resistance Breaks Another concern is weak trading volume. If BNB’s rally lacks sufficient volume support, it may indicate waning investor confidence, making it easier for sellers to regain control. Additionally, if indicators like the RSI enter the overbought territory without strong price follow-through, a correction could be imminent. Featured image from Unsplash, chart from Tradingview.com

BNB has once again demonstrated its resilience and strength by breaking through the crucial $605 resistance level. This milestone, achieved after weeks of testing and consolidation, has sparked renewed interest among traders and investors. Following the breakout, BNB has entered a phase of price stabilization, comfortably holding above the $605 mark and transforming it into a robust support zone. This consolidation phase is a classic sign of a healthy market, as it allows the asset to catch its breath after a significant upward move. It also suggests that the breakout was backed by genuine buying pressure rather than short-term speculation. With the $605 level now acting as a springboard, the stage is set for BNB to target higher price levels in the coming days or weeks. BNB Price Action: Stability Above $605 Signals Strength BNB’s ability to hold above the $605 resistance level after breaking through reflects growing bullish momentum. Its stability indicates that buyers are defending the breakout level, reinforcing its significance as a new support zone. Sustained trading above this level could pave the way for further gains toward targets near $630 and $650. Related Reading: BNB Ready To Breakout? New ATH Coming ‘In No Time’ If This Resistance Breaks Technical indicators reinforce the strength of BNB’s breakout, signaling that bullish momentum remains intact. The MACD continues to trend in positive territory, with the MACD line staying above the signal line. This positioning suggests that buying pressure remains dominant, and the possibility of further gains remains strong. Additionally, the histogram bars are expanding, reflecting increasing bullish momentum. Furthermore, the 100-day Simple Moving Average (SMA) acts as dynamic support, with BNB trading above it, which implies that the broader trend remains bullish, and any dips toward this level could present buying opportunities.  If BNB maintains its momentum, it could target $680, strengthening its bullish outlook. A breakout above the level may attract more buyers, increasing the chances of a sustained rally. Presently, the $680 serves as a key resistance, and clearing it with strong volume is likely to spark a move to $724 in the medium term. Support Zones To Watch In Case Of A Pullback If BNB experiences a pullback, the $605 level will be the first key support to watch, as it has flipped from resistance to support. Holding this level could reinforce bullish momentum and signal that buyers are defending the breakout.  Related Reading: Binance Coin Critical Test: Will BNB Hold Or Plunge To $214? However, if selling pressure increases and $605 fails to hold, the $531 demand zone comes into play, which has historically provided strong support. A rebound from this level would indicate buyer strength, but a break below will expose BNB to more downside before another bullish attempt. An extended correction could bring $500 into focus, which aligns with the 100-day SMA and has previously served as a significant pivot point for price rebounds. Featured image from Adobe Stock, chart from Tradingview.com