Guys what's your think about this token
š£ $BNB BNB/USDT Market Update ā July 22, 2025
š° Current Price: ~$765.31
š 24H Change: -1.6%
š Range: $748.32 ā $777.52
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š„ Top Highlights:
ā BNB just closed a strong weekly candle at $756.82 with a +9.4% weekly gain.
ā Open interest on futures has reached $1.05 Billion ā highest of the year.
ā BNB has broken above the $723 resistance, opening the door for a potential 78% rally.
ā Bullish momentum is supported by ongoing BNB Chain development and DeFi expansion within the Binance ecosystem.
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š Technical Analysis:
Trend: Strong uptrend with higher highs and volume confirmation.
Support Zone: $720ā$740 (if pullback happens).
Resistance Target: $800ā$850 is the next visible target.
Some analysts even expect a 78% move up based on technical breakout from $723 (BraveNewCoin).
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š® Price Forecast:
Time Frame Price Target
24 Hours $775ā$782
1 Week $830ā$845
Next Month $800ā$850
Year-End $900ā$980
(Source: Mitrade, CoinLore, CoinDCX, Binance)
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ā ļø Risk Factors:
Sudden market-wide corrections or liquidations in futures.
Potential regulatory pressures on Binance could trigger short-term dips.
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ā Strategy Suggestion:
Entry Zone: $750ā$760 (on dips or consolidation).
Target Zone: $830ā$850 (partial profit booking recommended).
Keep an eye on Binance ecosystem upgrades, as they support long-term bullish momentum.
Monitor futures open interest and macro events for confirmation.
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š Conclusion:
BNB is showing clear bullish structure after breaking $723. If momentum sustains, it can test $800ā$850 in the near term. Solid support lies around $720ā$740.
