$BNB The native token of the Binance ecosystem, **BNB**, is showing strong momentum today, currently trading at **$580.25** (+4.3% in 24 hours) with trading volume increasing to **$1.8B**. Here’s what smart traders are paying attention to:
**📊 Technical overview:**
- **Critical support:** $565 (200-day average)
- **Immediate resistance:** $595 (weekly high)
- **RSI (4 hours):** 62 (approaching bullish territory)
- **Funding:** +0.012% (moderate long bias)
**🔥 Specific Binance catalysts:**
1) **BNB Burn:** The next quarterly burn (estimated 2M BNB) is in 12 days
2) **Ecosystem development:** 3 new Launchpool projects announced this week
3) **BSC Activity:** 4.2M daily transactions (+18% week-over-week)