$BNB

As of July 23, 2025, BNB (Binance Coin) is trading around $795–$804, recently setting a fresh all-time high of $804.70 . Analysts highlight several bullish drivers that signal strong profit potential in both near-term and longer-term horizons.

Technical momentum is robust:

Open interest in BNB futures recently surged, indicating fresh capital inflows .

Key indicators (RSI ~88, MACD positive) reflect strong buying momentum, although RSI warns of overbought conditions .

Fibonacci models suggest breakout targets at $950, followed by $1,000, with a longer-run objective near $1,200 .

Price forecasts echo this optimism:

Short-term projection sees BNB reaching $857.82 (~8.7% gain by late August) .

Coins industry reports situate Q1 2025 targets between $1,000–$1,200, with even higher estimates into 2026+ .

Fundamentals are supportive:

BNB benefits from its ecosystem utility—discounted exchange fees, staking, governance, and use within DeFi, GameFi, and NFT projects on the BNB Chain .

Institutional and retail inflows are fueling liquidity on both spot and derivatives markets .

Risks & caution:

The RSI indicates possible short-term consolidation or pullbacks from overbought levels .

Resistance around $900–$1,000 could trigger profit-taking; traders watch for support near $742–$756 .

Downside technical thresholds lie around the 7-day and 20-day SMAs if momentum weakens .

BNB’s surge to a new ATH (~$805) is backed by strong derivatives activity and technical signals. Analysts forecast near-term upside toward $850–$900, with medium-term targets at $1,000 and even $1,200 via Fibonacci extensions. The token’s on-chain utility and ecosystem fundamentals reinforce bullish sentiment. However, overbought conditions may invite consolidation or pullback toward mid-$700s support levels. For traders, a strategic entry during short-term dips aiming for $900+ could be rewarded—but only with disciplined risk management.