#BNB
BNB is currently trading at $850.38, with a market cap of $117.55 billion. The token has shown resilience amid regulatory scrutiny, with institutional demand and technical strength supporting its price.¹ ²
*Key Levels to Watch:*
- _Immediate Support:_ $852.00
- _Resistance:_ $865.00 and $880.00
- _Bearish Scenario:_ Breakdown below $840 could trigger further declines
- _Bullish Outlook:_ Breakout above $865 could target $1,050-$1,150 by January 2025
Analysts predict a potential rally toward $1,100-$1,150, driven by institutional adoption and a bullish technical outlook. However, reputational damage from regulatory issues poses risks.³
