BNB hovered near $ 780 after a sharp rally earlier in the day gave way to selling pressure.
Cryptocurrency advanced approx. 1.3% during the last 24-hour period with a small withdrawal in the last few hours. The token now hovers around $ 776.
Earlier in the session, an increase in trade volume pushed BNB to a local height of $ 778, where testing levels that have not been broken in recent weeks. The move was short -lived.
A quick sale followed and drew the price lower and cropping gains made during progress, according to Coindesk Research’s technical analysis model.
The move comes in the midst of a wave of business recording that recently saw CEA Industries closing a private ranking of $ 500 million to promote its BNB Treasury strategy.
The wider context remains unstable. Investors navigate in an environment shaped by changing trade policy and geopolitical risk, with the impact of Trump’s mutual tariffs that are expected to come into force during the third quarter of the year.
Within this background, BNB’s relatively stable performance appears as a signal of ongoing demand, although there is short -term volatility. Cryptoquant data shows that BNB in the Exchange-token sector is a prominent performance down by 8.7% from its highest time, compared to 35% to 60% for most other tokens.
Overview of Technical Analysis
The most aggressive price movement came during a noon that sent the token as high as $ 774.94. Volume increased over 60,000 tokens below this move, a signal that larger participants may have run the action.
This rally ran into resistance just under $ 780, where sellers stepped in and stopped progress.
Price acting at this level has historically triggered returning and this session was no exception. A withdrawal followed where the price eventually slipped. While DROP deleted part of today’s winnings, BNB consistently found support near this level.
The repeated defense of the $ 765–766 zone suggests that buyers accumulate in this interval. Institutional interest often emerges in this kind of layered support, where the price lasts despite increased volume and sales of pressure.
The total trade area for the session spans $ 16.83 or approx. 2.18%. Although not extreme, this volatility emphasizes how fast mood can turn.
