🔥 $BNB operates at $796.80 after a new peak at $809 — towards $1,000?
📊 Current price and clear technical structure
Current price: $796.79 (↑1.9% in 24h)
Intraday range: $779.08 – $798.59
BNB continues within a bullish channel generated from $660–$640. Although the price briefly surpassed $809 yesterday, it is now correcting slightly and stabilizing above the key support zone.
⚙️ Key factors
699-0 Reached ATH of $809 but closed at $786.73, with minor technical retracement (~0.7%)
852-0 On-chain activity grows: daily transactions have tripled, increasing active direction and DEX volume, indicating greater real use
1017-0 Binance's treasuries now manage $1.52B in BNB, reinforcing institutional narrative; predictions point to possible rises towards $1,000
🔧 Technical level of the day
Key support: $783–$787 (base of the channel and recent close)
Immediate resistance: $798–$809 (intraday high and ATH)
1212- Critical zone: consolidating above $786 motivates possible advance towards $820–$850, while a strong drop could open correction towards $720–$740
🌐 Institutional outlook / macro view
1560-0 Analysts believe that BNB remains a favorite among blue-chip altcoins. Integration with Binance Chain, burning programs, and high adoption in staking structure a solid narrative for institutions. If it surpasses the ATH of $809 with volume, the next key target could be the psychological range of $1,000.
Do you think BNB will break $809 this week or will we see a retracement to $740? Leave us your perspective below 👇
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