๐ฅ BNB is heating up โ and the charts donโt lie.New ATH is on the way. Time to pay close attention as we may be entering a whole new Price territory.
๐ $BNB /USDT Technical Analysis โ
๐ Timeframe: 1D
๐ฐ Current Price: $764.29 (+0.98%)
๐ Key Observations:
โ
Breakout Confirmation
BNB has just broken above a long-standing resistance zone around the $760โ$770 range, which has historically acted as a psychological barrier. This breakout, backed by strong bullish candles and volume, indicates a clear bullish trend continuation.
๐งฑ Historical Resistance Turned Support
The $760 level was previously tested multiple times throughout late 2024 and early 2025 but failed to break convincingly โ until now. This successful breakout may turn this level into strong support, establishing a new base for the next leg up.
๐ผ All-Time High (ATH) Zone Revisited
This breakout places BNB near its previous all-time high levels. A daily or weekly close above this zone could trigger a price discovery phase, where the market sets new highs without any historical resistance.
๐ Technical Indicators:
Trend: Strong Uptrend (Higher Highs, Higher Lows)
Momentum: Accelerating โ recent candles show wide bodies with low wicks, suggesting confident buying pressure.
Volume ($2.7 Billion):In the most recent 24โhour session, volume stabilized between $2.58โฏbillion and $2.85โฏbillion, reinforcing that the breakout above $738โ$760 is substantiated by strong buying demand
๐
Outlook & Projections:
๐ฎ Short-Term Target (1โ2 weeks):
$800 psychological round number
$825โ850 based on Fibonacci extensions from prior swing highs/lows
๐ก๏ธ Support Levels to Watch:
$760 (immediate support)
$700โ720 (strong support zone on any pullback)
โ ๏ธ What to Watch For:
Retest of the breakout zone ($760). A successful retest with a bounce would confirm the breakout.
Watch volume and RSI for potential overbought signals. However, in strong bull runs, overbought can remain overbought longer than expected.
Any macro or regulatory news that might impact overall crypto sentiment.
๐ง Final Thoughts:
This breakout is not just technical โ it's psychological. After nearly a year of sideways consolidation, BNB is showing signs of a fresh bullish cycle. If current momentum holds, we may be witnessing the early stages of a major price rally.
