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$BNB reaches $804 (+1.3%) with capital rotating towards altcoins
Current price and technical structure
Price: $804.24
Intraday range: $794 ā $806.20
BNB consolidates its upward momentum in a strong bullish channel, with strong demand sustained from $800.
Key factors
BNB marked a new all-time high at $804, surpassing Solana in market capitalization; today it accumulated more than $5 B in market value just with this increase.
Volume reached $2.24 B in 24 hours, evidencing active capital inflow.
The gap between decreasing supply due to token burns and real utility within the Binance ecosystem (fees, staking, launchpad) repeats patterns of institutional accumulation.
Technical levels of the day
Key support: $790ā$795
Immediate resistance: $806ā$810
Critical zone: confirming a close above $805 prepares the ground towards $820ā$850
Institutional outlook / macro vision
The BNB ecosystem stands out for its robustness: programmed scarcity via token burns, institutional backing, and structural utility. Its recent leadership in capitalization consolidates it as a global reference altcoin.
Will
$BNB manage to close the week above $850 or will we see a technical correction? Leave your forecast below ā¬
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