clear and comprehensive analysis on BNB's potential this July, based on technical data, forecasts, and recent Binance initiatives:

📈 1. Context and key levels

Currently around $676, BNB has experienced a slight retracement (-2 to -3%) in recent days.

Important levels:

Support: $665–675 zone (EMA20/SMA50)

Resistance: $707–710; a breakout with volume would be very bullish

🔍 2. Technical indicators (source Blockchain.News)

RSI ~56: neutral to slightly bullish

MACD: bullish crossover, positive momentum

Bollinger Bands: BNB is at the top of the band, bullish signal.

→ General trend: bullish, as long as the $665 zone holds.

📊 3. Price outlook for July

CoinCodex anticipates a range of $663–775, with an average around $724 (potential +9%).

Changelly forecasts a minimum of $610, maximum of $676, average at $643 (slightly bearish).

CoinPedia / Cryptopolitan provide a range of $580–731 (moderately bullish).

→ Convergence towards a rather optimistic scenario, with resistance to watch around $730 – 775.

🎯 4. Ongoing catalysts

BNB Smart Chain competition on Binance Alpha (MemeCore, AIN, CROSS tokens…) active until July 24, stimulates the use of BNB on the chain.

New Token Generation Events (TGE) model via bonding curve in Wallet / Alpha, requiring BNB to participate — which encourages increased demand.

→ These initiatives increase the utility of BNB, reinforcing the bullish scenario.

✅ 5. Conclusion & scenarios

Likely bullish: if BNB holds the support at $665–675 and buying pressure returns, a test of $707–710 is likely, with potential extension to $730–760 by the end of this month.

⚠️ Beware of the bearish scenario: a sustained break below $665 could bring BNB back towards support zones of $640–650.

Do you think the Alpha & TGE competitions will bring a real wave of BNB demand? Or do you anticipate a limited rebound?

#BNB #BinanceCoin #Write2Earn