Here is an up-to-date and in-depth analysis of BNB at 759.$ to help you assess whether it will continue its rise or correct ⬇️
🔍 1. Recent technical context
BNB has surged up to $759, driven by bullish momentum fueled by fundamental catalysts.
The price is now at the top of an ascending channel, with higher lows and higher highs across different time frames, indicating sustained momentum.
⚙️ 2. Technical indicators & momentum
Brave New Coin analysis: bullish structure in place, channel expansion above 690.$ → initial target between 700.$ and 900$, with a possible extension to 1,000.$ in case of confirmed breakout.
CoinCodex (July) predicts a range of 695–814$, with a monthly average around 760.$ (ROI ~+9 %) — which positions 759.$ practically at the expected monthly peak.
Cryptomus anticipates a spike up to 806.$ this month before potential consolidation.
📈 3. Catalysts & strong supports
Technical waves on BNB Chain (updates, competitions, airdrops) maintain solid demand.
An expanding Bollinger configuration + high RSI indicates that the trend is well established but that an overbought effect could slow progress.
**Supports to watch:**
730–740.$ : recent breakout zone, an initial level to bounce
705–710.$ : historical support and technical retracement zone