The price of BNB climbed more than 1.5% in the last 24 hours, managing to overcome weakness during the session to move above the $810 mark, up from a low that test its $800 support level.
The cryptocurrency is now targeting the resistance level at $815 after buyers helped push its price further upward through multiple smaller resistance points, according to CoinDesk Research’s technical analysis model.
Ongoing corporate adoption, with CEA Industries recently becoming the largest corporate holder of BNB after a $160 million purchase. Several other companies, including Nano Labs and Windtree Therapeutics, are also moving to establish BNB treasuries.
Technical Analysis Overview
BNB’s trading over the past 24 hours showed the kind of disciplined price action often associated with institutional accumulation.The token traded within a $22.41 range, from a low of $792.47 to a high of $814.88, with buyers stepping in repeatedly at the $800–$803 level.
Those support retests drew consistent volume, suggesting a readiness to defend the zone. Resistance first emerged near $811.71, then again in the $814–$815 area, where algorithmic selling programs added pressure.
The turning point came as BNB built a series of higher lows, $800.44, $801.20, $802.47 and $804.08, steadily absorbing sell orders.
This sequence was followed by the removal of key resistance barriers at $803.50, $807.20 and $809.50, a pattern market technicians view as a sign of sustained buying interest.
A surge in volume at the $800.44 support level sparked a decisive push higher, with a breakout above $804 then occurring. That rally carried the token to intraday highs near $810.57 before settling just below the $815 resistance zone,a level that now stands as the next test for bullish momentum.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.