The Binance token (BNB) has seen a massive rally recently, surpassing Solana (SOL) in market cap and is currently ranked number 5 on CoinMarketCap.
The big question is, of course, can Binance Token remain so bullish? Or are there some signs of exhaustion? Let’s have a look at the data.
Buying Selling Pressure
In the buying and selling pressure chart, we can see that there is significant selling pressure for a prolonged period. This is a red flag as it suggests that the token’s price is overheated. Altcoins, especially BNB token, is well known for it’s explosive rallies, and sometimes they last way longer than most traders expect. But that doesn’t mean the risk for potential downside is low.
Momentum Indicators
When we have a look at the momentum indicators, we can see that they are pretty overheated as well. Ranging in the territory of being overbought for an extended period. This confirms the thesis that the risk for this token is increasing. And that a potential correction could be on the table.
Premium Index
When we have a look at the premium index at Whaleportal, we can see that the futures premium is increasing at an extreme rate. This is also another warning signal, showing that speculation is increasing, often resulting in a correction. But to have a better picture of a potential correction, we need to look at the price structure.
BNB Price Structure
The price structure of Binance token (BNB) is confirming our thesis as well, it is trading in a rising channel and currently touching the resistance zone, the top of the channel. When price enters the resistance zone with some alarming signals on other data sources like buying and selling pressure heatmaps and momentum indicators, it is an increased risk of a potential reversal.
Important Levels
Levels to watch are the following:
Resistance: +- $860(This level will increase over time, because of the channel structure)
Support: +- $580(This level will increase over time, because of the channel structure)
Previous swing low: $520
Conclusion
All the data support that there is an increased risk of a correction in the shorter-term timeframe in the BNB price. This will be invalidated if the BNB token breaks above $860 and can stay above this level. Otherwise, expect the BNB token to reach the support line of the rising channel ($580 and higher) with the potential of breaking that support. That would indicate a much deeper correction, which would mean a change in market structure, which, for now, is less likely. When BNB has taken a breather, it is important to analyze the data profile again.
Source: https://bravenewcoin.com/insights/bnb-price-prediction-august-2025-bnb-correction-coming