$BNB
🔥 BNB IN FULL ASCENT: NEW ALL-TIME HIGH & INSTITUTIONAL DYNAMICS!
This Thursday, July 24, BNB explodes: new all-time high at ≈ $804, supported by massive accumulation and rising volume 🚀
📊 Recent details:
🔹New record at $809.84, trading volume skyrocketing and balanced buying pressure on derivatives
🔸Long positions on futures surged +24%, with a long-short ratio of 1.7 on Binance
🔹Institutions in action: Nano Labs holds 120,000 BNB (~ $90M), and Windtree Therapeutics (Nasdaq) aligns $200M BNB in cash
🔧 Technical analysis:
Resilience at support at $768 (EMA20), confirmed bullish channel
Key resistances: $815, $850, with an RSI in overbought zones but not irrecoverable
🎯 In summary for this July 24:
BNB is in a strong bull phase, driven by institutions and very positive on-chain signals. A small consolidation or technical pullback could be an opportunity to enter. Optimal conditions to strengthen, with stop under $768 and target at $850+.