BNB Price Hits $865 All-Time High as Bullish Momentum Targets $950 Next

Binance coin has recently surged to a new all-time high (ATH) of $865, breaking through previous resistance levels and signaling strong bullish momentum in the market.

A detailed chart analysis by AltGem Hunter on X highlights this breakout, accompanied by a 15.63% gain following a rally from the $730–$750 trading range to the current record level.

This price action echoes earlier rallies seen during major accumulation phases in 2025, suggesting a continuation of this upward trajectory if favorable market conditions persist.

Technical Analysis by AltGem Hunter Highlights Bullish Breakout

AltGem Hunter’s analysis identifies crucial historical support levels around $400 and $550, which previously provided solid foundations during bullish rallies.

The recent move surpasses key resistance at $865, reinforcing the strength of the breakout. This momentum aligns well with two significant accumulation phases earlier in the year, each setting the stage for sharp upward price movements.

Source: X

The chart also projects a potential price target range between $950 and $1,000, marking the next major upside zone if momentum sustains. However, the analyst cautions that a retracement back to the $800–$820 area is plausible, representing a healthy consolidation that often precedes further gains.

Market Data and Volume Trends from BraveNewCoin

According to BraveNewCoin, BNB’s price currently hovers around $844.01, reflecting a slight 0.63% decline over the past 24 hours after achieving the ATH. The market capitalization stands robust at approximately $117.63 billion, while daily trading volume is notable at $3.15 billion. Within the last day, price fluctuations have ranged between $830 and $860, with intraday peaks touching $865 before a modest pullback

Source: TradingView.

Volume data signals consistent trading activity without extreme spikes, indicating that the recent pullback may be more of a consolidation phase rather than a reversal. Support near $830 has proven resilient as the price has bounced multiple times from this level; resistance near $865 remains firmly in place — a breakout above which on strong volume would likely pave the way for fresh highs.

Broader Technical Indicators from TradingView

On TradingView, BNB is currently trading near $841.42\ within a daily price range of $833.60 to $845.00, reflecting relatively contained volatility. The Balance of Power (BBP) indicator stands strong at 57.36, showing buyers generally in control, although momentum has slightly eased from earlier in the rally.

Source: TradingView

The Relative Strength Index (RSI) sits at 67.63, nearing overbought territory, implying that while bullish momentum remains intact, some resistance could emerge as buying pressure approaches a peak.

Should RSI exceed 70, short-term profit-taking may occur, though the sustained BBP strength suggests bulls could push further to retest the recent high of $869.40. A successful close above this level may trigger an extension of the rally, whereas a break below $800 would signal a shift toward bearish sentiment.

BNB’s recent breakout and strong market dynamics affirm bullish momentum with a clear path toward $950 and potentially $1,000 as the next key milestones. Traders should watch for consolidation and pullbacks as part of healthy price action, while paying close attention to volume and momentum indicators for signs of sustained strength or emerging resistance.