- BNB’s breakout from the $670 ceiling signals a major shift in market sentiment and investor accumulation.
- Strong support at $900 forms a base for the next rally as bulls eye the $1,050 resistance zone.
- BNB’s futures open interest at $1.82B shows rising trader confidence .
Binance Coin (BNB) is holding above the $900 support, showing steady bullish momentum.BNB has gained nearly 4% in 24 hours despite a slight 7-day dip, setting the stage for a potential breakout beyond $1,050.
Breakout Momentum Gathers Pace
After months stuck between $570 and $670, BNB finally broke free in mid-2025, pushing past resistance with strong volume and clear market conviction. This surge came on the back of heavy buying, showing growing investor confidence.
Right now, BNB is trading around $1,011, up 4.07% on the last day. In the past month, it’s gained over 17%, and the 90-day return is an impressive 54%. The $770 level, once a barrier, now stands as solid support.
Technical indicators remain bullish, as long as BNB holds above $900. This level has acted as a consolidation floor following a rejection from the $1,050 mark — a zone currently being tested as resistance.
$1,050 Resistance in Focus
The recent wick above $1,050 highlights active seller pressure at this psychological barrier. However, BNB’s structure remains firmly bullish. Sustained price action above $900 could trigger a renewed attempt to clear $1,050, opening the door to $1,200, and even $1,600 if momentum accelerates.
Data from Coinglass shows BNB’s open interest at $1.82 billion, reflecting heightened speculative activity. Futures trading volume over the past 24 hours reached $1.71B, with Binance dominating at $756M.
Spot volume remains healthy at $240.80M, while funding rates across platforms are mostly positive. Gate.io’s rate spiked to 10.59%, a sign of possible overleveraging, often seen before short-term corrections.
Market Cap Consolidates After Profit-Taking
Following a sharp breakout on September 18, BNB’s market cap climbed near $150B before facing a selloff. It retraced below $138B, with support forming around the $134B level. This zone has since acted as a buyer’s battleground.
As of now, BNB’s market cap is consolidating around $135B. A push above $138B could reignite bullish sentiment, setting sights on $144B and higher. On the downside, losing $134B may invite a retest of $130B, which would be crucial in preserving the bullish structure.
Staying above $900 remains critical. A decisive break above $1,050 could unlock the next rally.
