BNB TOKEN BURN
Current small correction: It is currently trading around $800.70, after a 3.3% drop from the peak, while analysts assess key support levels near $795.
Token burn today: The quarterly BNB burn event (~1.9 million coins) is expected, which could provide bullish momentum if the market reacts positively.
Break of technical resistance: BNB emerged from several months of consolidation by breaking a resistance line and surpassing the $800 barrier, which paves the way for possible targets of $910 and up to $1,100, according to analysts' projections.
Optimistic market: Institutional interest is on the rise, and the options market reflects strong bullish activity, with technical signals indicating further upward movement if it surpasses resistance levels ($900‑$1,000).
