BNB closed the week at $765.22, its highest ever, gaining 10% š
As of Monday, Open Interest in $BNB derivatives hits $1.05B, the peak level of the year signaling strong trader conviction š¼
Chart signals point toward a breakout above $793.86, entering price discovery š§
After reclaiming key resistance zones and printing a bullish weekly close, BNB is trading above $762, setting the stage for another leg up.
š Market Stats:
BNB futures OI surges from $829.5M to $1.05B in just a few days
Buyers showing strength, inflows suggest a potential explosive rally
šÆ Targets:
Break above $793.86 ATH = potential extension to $956.92 (Fib 141.4% from $400ā$793.86 move)
Immediate support at $742 and $709.29 if any retrace happens
ā ļø Keep an eye on price action near ATH breakout could spark a major run!
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