BNB Price Surge: Can Bulls Keep the Momentum Going Above $840?
BNB’s price is currently hovering around $846 after a strong rally that shattered significant resistance levels. This upward movement has been fueled by solid derivatives inflow and a positive alignment of technical indicators. Now, all eyes are on whether this rally can proceed without retreating to key support zones.
BNB’s Price Action: What’s Driving the Surge?
In the latter a part of July, BNB managed to sustain its bullish momentum by breaking past an important level near $730 and turning previous highs into recent support. The every day chart highlights several Break of Structure (BOS) levels, and the Smart Money Concepts perspective reveals a smooth rally through a previously trapped liquidity zone between $620 and $680. Currently, BNB is testing a weak high at $855 with considerable strength.
Weekly Chart Insights: Where Is BNB Headed?
On the weekly chart, BNB has moved above the midpoint of the ascending channel and is edging closer to the upper trend line. Moreover, BNB has confirmed a breakout from a multi-month triangular consolidation that began back in 2022. This suggests a major shift in market sentiment favoring the bulls, indicating a possible for further upward movement.
The post BNB (BNB) Price Prediction for July 29, 2025: Can Bulls Maintain Control Above $840? originally appeared on Coin Edition.
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