Current Status of BNB Coin $BNB

Binance Coin (BNB) is currently experiencing positive performance as the overall upward trend continues. According to the latest available data, the price of BNB reached $857.22 on August 3 with a daily growth of +0.21%.

Technical Analysis

Key Levels:

* Resistance: $742.8 (upper Bollinger Band)

* Support: $665.4 (lower Bollinger Band)

Technical indicators show that the coin is in the overbought zone with an RSI of 79.34, indicating the likelihood of a short-term correction.

Supporting Factors

BNB continues to benefit from several positive factors:

* Increasing institutional interest

* Expanding activity in the Binance ecosystem

* Ongoing adoption from corporate treasuries

* Increased usage on the BNB chain #notcoin #BTCUnbound #BinanceHODLerPROVE #CFTCCryptoSprint