BNB has surged to a new All-Time High (ATH) after breaking key resistance. But is this rally sustainable? A combined technical and on-chain analysis provides strong clues.
Technical View:
The price chart shows a decisive breakout above the $800-$810 resistance zone, which has now flipped to critical support. With BNB in price discovery, the next psychological target is the $900 mark. Holding above $800 is essential for continued bullish momentum.
On-Chain View (Rolling Gains):
The “Rolling Percentage Gains” chart reveals strength across all holder timeframes:
Widespread Profit: All holder cohorts (1-week to 1-year) are now in profit, which can reduce sell pressure as holders are less inclined to exit.
Strong Momentum: Accelerating short-term gains signal fresh capital and growing market excitement.
Underlying Strength: The 1-year rolling gain is at a peak, confirming the rally is built on a solid, long-term foundation, not just a short-term pump.
Conclusion:
Technical and on-chain data align to present a strong bullish case. The technical breakout is supported by confident, profitable holders. As long as BNB holds the crucial $800 support level, the outlook for testing higher targets remains highly favorable.
Written by CryptoOnchain
