Good Morning Guys
๐BNB Price Alert: Breaking Records at $831! Whatโs Next?
Current Price: BNB/USDT: $831
(Live on Binance)
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๐ฅ Key Developments Driving the Surge
1. Massive Breakout: BNB smashed through **$700** and **$800** resistance in days โ now trading **+35%** above last weekโs consolidation.
2. **Binance Ecosystem Growth**: New Launchpool projects + opBNB scaling upgrades fueled buying frenzy.
3. **Market-Wide Altcoin Rally**: ETH ETF approvals and Bitcoin stability boosted capital rotation into alts.
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### ๐ **Where Can BNB Go from Here?**
#### โ **Bullish Targets**:
- **$860โ$880**: Next major resistance (2021 all-time high zone).
- **$900โ$920**: Psychological barrier + 1.618 Fibonacci extension.
- **$1,000**: Realistic mid-term target if momentum holds (institutional FOMO).
#### โ ๏ธ **Correction Risks**:
- A pullback to **$800** is healthy (previous resistance โ new support).
- If **$780** breaks, watch **$750** (30-day moving average + volume gap fill).
- *Only a drop below $720 invalidates the uptrend*.
