#BNBMarketUpdate
BNB continues to demonstrate remarkable strength after reaching a new all-time high of $1,370.54 on October 10, before stabilizing between $1,200–$1,300 — marking an impressive 85% growth since July. With a market cap of $179.17B and a daily volume of $11.52B, investor confidence remains strong despite minor corrections.
Bullish momentum is fueled by a $45M airdrop to over 160K BNB Chain addresses, institutional inflows of $600M, and major AI-driven infrastructure upgrades supporting over 5,000 DEXs.
However, traders should note that while MACD remains bullish, RSI indicates overbought levels. A 13.65 long-short ratio signals optimism but warns of possible overextension.
Key Zones: Support at $1,100–$1,200, Resistance at $1,370 (ATH).
Smart entries during pullbacks could be strategic ahead of 2025 network upgrades.
