Guys what's your think about this token
๐ฃ $BNB BNB/USDT Market Update โ July 22, 2025
๐ฐ Current Price: ~$765.31
๐ 24H Change: -1.6%
๐ Range: $748.32 โ $777.52
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๐ฅ Top Highlights:
โ BNB just closed a strong weekly candle at $756.82 with a +9.4% weekly gain.
โ Open interest on futures has reached $1.05 Billion โ highest of the year.
โ BNB has broken above the $723 resistance, opening the door for a potential 78% rally.
โ Bullish momentum is supported by ongoing BNB Chain development and DeFi expansion within the Binance ecosystem.
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๐ Technical Analysis:
Trend: Strong uptrend with higher highs and volume confirmation.
Support Zone: $720โ$740 (if pullback happens).
Resistance Target: $800โ$850 is the next visible target.
Some analysts even expect a 78% move up based on technical breakout from $723 (BraveNewCoin).
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๐ฎ Price Forecast:
Time Frame Price Target
24 Hours $775โ$782
1 Week $830โ$845
Next Month $800โ$850
Year-End $900โ$980
(Source: Mitrade, CoinLore, CoinDCX, Binance)
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โ ๏ธ Risk Factors:
Sudden market-wide corrections or liquidations in futures.
Potential regulatory pressures on Binance could trigger short-term dips.
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โ Strategy Suggestion:
Entry Zone: $750โ$760 (on dips or consolidation).
Target Zone: $830โ$850 (partial profit booking recommended).
Keep an eye on Binance ecosystem upgrades, as they support long-term bullish momentum.
Monitor futures open interest and macro events for confirmation.
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๐ Conclusion:
BNB is showing clear bullish structure after breaking $723. If momentum sustains, it can test $800โ$850 in the near term. Solid support lies around $720โ$740.
