$BNB Climbs.
Binance Coin (BNB) has maintained a steady uptrend in recent sessions, moving from around $715 on July 18 to a high near $760. The trend followed a pattern of higher lows and consistent buying pressure. Price action remained favourable for buyers until a slight retracement occurred, placing BNB near $749.40 at the time of writing.
Trading activity has remained strong throughout the upward movement, with intermittent spikes in volume accompanying both upward surges and pullbacks. These volume changes indicate active participation from market traders and a healthy level of liquidity. The asset continues to trade above its 20-period volume-weighted average, reinforcing the broader bullish momentum in the short term.
The current price level is near $749, which aligns closely with support around the $745 mark. If this support remains intact, BNB could experience another upward movement in the near term. However, a breakdown below that level may open the possibility for further declines, especially if volume diminishes or selling pressure increases.