$BNB is currently trading at $761, which is just 4% below the all-time high of $793. Holding above the support level of $741, the altcoin will create conditions for a breakout to ATH.
The Parabolic SAR indicator is below the candles, indicating strong bullish momentum. This technical pattern confirms a sustained upward trend. If it continues, BNB could overcome resistance at $793 and rise to $810, establishing a new all-time high.
An untimely sell-off could hinder this rally. If BNB fails to hold at $741, a drop to $700 is possible. This would negate the bullish outlook and concern traders, especially short-term ones, who are counting on a breakout.
