Price: $844.09 | 24h: +0.98%
Market Cap: $117.87B | 24h Volume: $4.95B
Technical read. BNB grinds higher, respecting the $820–$830 breakout retest. As CEO Richard Teng reiterates, compliance expansion and ecosystem utility (trading discounts, BNB Chain activity, periodic burns) are the core flywheel. Liquidity is thinner than BTC/ETH, so breakouts tend to be stair-step, not vertical.
Key levels. Support: $830–$835; guard $800. Resistance: $870–$900; extension $950–$1,000 (psych).
Scenarios.
Base (57%): Consolidate $835–$900 before next attempt.
Bull (28%): Acceptance >$900 → magnet $950–$1,000.
Risk (15%): Broad-risk setback → $800 structural check.
Strategic reflection. For BNB, watch exchange activity, BNB Chain TVL, and burn expectations. Price often front-runs quarterly burn narratives.
