$BNB
🚀 Bullish Vibes for BNB Today!
BNB is surging with intraday highs near $808, up ~1% and firmly trading above the pivotal $800–$804 zone. This breakout is fueled by:
Strong derivatives positioning: Open interest is up ~24%, indicating fresh capital and aggressive long-bias sentiment
Institutional accumulation: Major buyers (e.g. Nano Labs) have scooped up ~$90M in BNB around the ~$707–$720 range — smart capital pumping into the rally
Technical breakout: BNB cleared its multi-month resistance ($700) and now sits within an ascending channel aiming at $850 and even $900+
🧭 **What’s Ahead:**
Support: Key levels to watch are $768 (20‑period EMA) and $800–$804 (recent resistance turned support)
Upside Targets: Short term → $850; Medium term → $900 and potentially $1,000–$1,200 if momentum holds