Binance Coin Price Eyes Bullish Continuation With $800 in Clear View

Binance Coin is approaching a critical resistance level near $800, with analysts closely monitoring for a potential breakout that could confirm a new bullish phase.

Currently trading around $796, BNB has shown steady gains backed by strong technical setups and rising ecosystem activity. On the 4-hour chart, price action indicates persistent buyer interest, while volume remains consistent, reflecting controlled accumulation rather than speculative spikes.

Analysts CW and BitBull suggest that BNB may have entered an expansion phase, supported by a breakout from a multi-year ascending triangle. With support now established around $710–$730 and technical strength increasing, market sentiment favors a move above $800. If confirmed, this could open the door to long-term upside targets, including projections above $1,000.

Binance Coin Price Eyes Bullish Continuation With $800 in Clear View

Binance Coin (BNB) Price has continued to push higher, now approaching the $800 mark after holding support levels throughout the past week. The token is trading at $796.44, registering a 1.63% increase over the last 24 hours. A steady climb from the $780 zone reflects consistent accumulation pressure and renewed demand near the psychological barrier.

Source: BraveNewCoin

According to updated market data, BNB maintains a market capitalization of $110.94 billion, supported by a circulating supply exceeding 139 million tokens. This positions BNB as the fifth-largest cryptocurrency by market cap, which prepares it to test higher resistance levels pending a confirmed breakout.

Breakout Structure Suggests Stronger Momentum

Technical analysis shared by CW indicates BNB is challenging its final key resistance zone on the 4-hour chart. The $800 level, marked by a red supply zone, has acted as a ceiling during previous uptrends. However, a sequence of higher lows and sustained bullish candles now shows buyers attempting to overcome this long-standing sell wall.

Source:X

Support has formed clearly between $760 and $770, with previous consolidation zones now acting as a reliable base. Volume readings have increased during attempts to breach overhead resistance, supporting the idea of building strength in the current move. If price action secures a daily close above $800, momentum may accelerate toward the next uncovered zones.

Analyst Views Align on Breakout Phase

Analyst BitBull described the current BNB Price structure as a breakout from a multi-year ascending triangle. The breakout zone between $710 and $730 has now flipped into support after BNB held above it for several sessions. BitBull’s chart draws comparisons to the 2020–2021 cycle, where a similar structure preceded exponential price movement.

Source:X

The analyst further points to strengthening ecosystem fundamentals. On-chain metrics show a rise in user activity on BNB Chain, while Binance continues to lead global trading volumes. In addition, reports of institutional treasury accumulation add to the positive market conditions. BitBull suggests that if current levels are maintained, a move past $1,000 could be reached by Q4 2025, with longer-term projections reaching as high as $2,000.

Short-Term Indicators Reinforce Buyer Interest

Short-term market activity supports the developing uptrend. Over the past 24 hours, BNB maintained a gradual incline with no major price rejection. A spike past $790 during late trading hours indicates short-term breakout pressure building. The intraday structure has remained orderly, with higher lows forming over recent sessions.

Total trading volume over the 24-hour period reached $827.81 million. While not volatile, the consistent volume during upward price movement suggests organic buying demand rather than speculation-driven surges. Maintaining a Binance price above $785 support will likely be essential for continuation toward and beyond the $800 level.