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Binance Coin ($BNB ) has surged by an impressive 8.30%, climbing to $740.65 and approaching its intraday high of $793.86. This remarkable recovery from the $682.38 low highlights significant buying pressure, propelling BNB into a critical resistance zone. With this breakout, the coin has surpassed key levels, setting sights on $750 as the next milestone and $770 if the rally sustains its current strength.
Market activity for $BNB remains robust, with over 2.50 million tokens traded in the past 24 hours, underscoring its status as a top-performing asset. Traders and investors alike are closely monitoring BNB, anticipating further upside potential amid increasing volume. A minor retracement could see the coin retesting the $734.24 support level, a critical threshold to watch for signs of consolidation and renewed momentum.
This rally reinforces the growing optimism around Binance Coin, positioning it as a leader among altcoins in the ongoing bullish wave. With its current trajectory, $BNB could be on track to hit $1,000, making it a must-watch asset for those seeking long-term gains in the crypto market.
