🔥 $BNB touches $779 after breaking $788 this week – is there a breather before the next rally?

📊 Current price and clear technical structure

Current price: $779.93

Intraday range: $754.20 – $785.28

BNB slightly retraces from its all-time high near $808, consolidating within an ascending wedge structure after the break this week. It remains strong above the key technical support at $770–$780.

⚙️ Key factors

🏦 BNB established a new ATH of $788, driven by institutional flows and a $1B token burn program.

The 24h trading volume exceeds $2.4B, with a weekly increase of +14%, validating growing demand.

Institutional accumulation grew significantly: inflows of ~$290M were reported just this week.

However, projects like DeSoc (SOCS token) are capturing attention, causing a slight market rotation away from BNB and SOL towards utility initiatives.

🔧 Technical level of the day

Key support: $770–$775 (recent lows and wedge base)

Immediate resistance: $788–$793 (intraday high + psychological zone)

Critical zone: staying above $775 validates continuation towards $800–$820, while sustained declines could pressure down to $750.

🌐 Institutional outlook / macro view

The recent surge of BNB is being supported by robust institutional capital, dominance in staking, and transactional utility, in addition to an expanding ecosystem. Although some rotations point to emerging projects, the token solidifies its narrative as "utility asset backed by burn and real uses" within the current regulatory framework.

Do you think BNB will reach $800 this week or will we see a technical correction towards $750? 📈

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