🔥 BNB is about to explode – the breakout has started
Current price: ~690.50 dollars
Time frame: 4 hours
Recent high price: $695
Technical setup: Breakout from an ascending triangle pattern 🚀
📊 What does the chart say?
BNB broke the strong resistance at $666, which has been a price barrier since early July.
A strong green candle pushed the price to $695 – this is not just a regular rise… but buying pressure from the whales.
Trading volume has significantly increased during the breakout candle – this is evidence of massive capital inflow.
The 25 and 99 moving averages are trending upwards – a clear confirmation of the bullish trend.
🐳 Behind the scenes – whale signals:
Whale wallets (top 1%) now hold over 99.9% of the total BNB supply – the highest ratio since 2025.
Binance recently burned over $1.5 billion of BNB – reducing supply = significant upward pressure.
Network data shows a recurring pattern of massive accumulation from large wallets.
🎯 Smart entry plan:
Entry zone: between $685 – $692 (current retracement range)
First target: $700 (important psychological level)
Extended target: $733 (previous resistance area)
Stop loss: below $660 (in case of a failed retest)
⚡ Why is this move strong?
Because BNB executed a textbook breakout supported by huge trading volume, whale data, and token burns.
The same scenario we saw previously with $SOL, $LINK, and $XRP... and today BNB is about to repeat the scene.
📌 Summary:
BNB not only broke the resistance… but also pierced through it with confidence and determination. The technical and fundamental data are very aligned, and if the momentum continues, there is a high chance we will see a price above $700 soon.