$BNB Great! Here's a deeper technical analysis of BNB based on today's price action and broader market indicators:
🔍 BNB Technical Analysis – July 23, 2025
📊 Current Price Action
Price: ~$796 (mid-range of today’s high/low)
24h High: $804 (new all-time high)
24h Low: $756
Volume: $3.2B – strong buying pressure
Market Cap: ~$111B
🧮 Key Indicators
RSI (Relative Strength Index): ~74 → Overbought zone
→ Suggests strong momentum but may cool off short-term.
MACD: Bullish crossover confirmed
→ Implies continued upside unless bearish divergence appears.
Support Levels: $765, $750
Resistance Levels: $805 (new), $820 next target
🔥 On-Chain & Ecosystem Trends
BNB Chain DeFi TVL is increasing steadily.
Transaction volumes are spiking across BSC-based DEXs.
Binance Smart Chain gas usage is nearing monthly highs.
🧠 Summary
BNB is in price discovery mode after breaking above its previous all-time high. If momentum holds and Bitcoin stays stable, BNB could push toward $820–$850 in the near term. A pullback to $765 would still be healthy for consolidation.
Would you like a candlestick chart with these levels marked?