๐ Windtree Chooses BNB for Treasury โ A Game-Changer?
BNB hit a new all-time high of $855 on Monday, after a strong rally over the weekend.
๐ผ Windtree Therapeutics, a company listed on NASDAQ, has pledged $520 million to build a corporate treasury using BNB. This big move has added buying pressure to BNB and boosted market confidence.
๐ Key Highlights:
Windtree plans to use a $500M equity credit line and $20M stock deal to buy BNB.
BNB's price has jumped and is now in price discovery, meaning itโs exploring new highs.
Open Interest (OI) in BNB futures hit a record $1.58B, showing strong trader activity.
The RSI is high at 85, which can signal the price is overbought. A pullback is possible.
๐ If momentum continues, BNB could climb to $910. But if it drops, it may retest support around $800.
โ ๏ธ Stay alert โ price swings could be sharp!