BNB Surges 4% in 24 Hours—Can It Smash Through $800 Resistance?

BNB bulls are charging as the token claws its way toward a critical resistance level. The 4% swing in 24 hours signals mounting pressure—will $800 finally crack?

The $800 Battlefield

Traders are glued to charts as BNB tests a make-or-break zone. Every failed breakout so far has been met with sell orders from skeptics who still think 'resistance levels' are just lines drawn by guys named Chad on TradingView.

Volatility Ahead?

With this much momentum, either we get a textbook breakout or another 'rug pull' worthy of a DeFi meme coin. Meanwhile, Wall Street still can't decide if crypto is an asset class or a stress test for their Xanax prescriptions.

Technical Analysis Overview

BNB’s $33.34 trading range over the 24-hour period represents a 4% volatility band between its $793.99 low and $827.33 high. The rally stalled at the $827.33 resistance level, where high-volume selling pressure capped gains. Support formed NEAR $794, reinforced by heavy buying during the morning correction.

Short-term resistance sits near $800.50, where multiple recovery attempts failed despite intraday volume spikes.

A breakout above this level could re-test $811.22 and open the path back to $827.33. A breakdown below $794 risks further downside toward the $780 area.

Volume profile shows two key liquidity zones: a morning surge of 146,403 units traded at resistance and a 114,685-unit flush at support, both indicating strong institutional participation. These zones may guide short-term price reactions if volatility persists.

 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.