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BNB Bulls Charge: Binance Coin Primed to Shatter $960 Resistance by November 2025

BNB Bulls Charge: Binance Coin Primed to Shatter $960 Resistance by November 2025

Author:
Tronweekly
Published:
2025-11-12 14:00:00
19
3

Crypto traders are doubling down on BNB as technical indicators scream breakout potential. The Binance ecosystem token—often dismissed as "exchange monopoly money" by Bitcoin maxis—has defied bearish whispers with relentless upward pressure.

Key drivers fueling the rally:

- Binance Smart Chain's DeFi dominance keeps utility demand high

- Exchange token burn mechanism artificially constricts supply

- Retail FOMO meets institutional accumulation patterns

Market makers currently testing the $900 support level like a Wall Street intern testing their boss's patience. If momentum holds, that $960 all-time high becomes target practice before Thanksgiving.

Just remember: in crypto, even 'sure bets' can vanish faster than a hedge fund's risk management protocols.

BNB

  • As we are approaching mid-November, BNB is hovering around $960
  • The 7-day trajectory shows an increase of 1.98%
  • Recently, many updates, such as the token’s launch pool and Earn programs, have helped bring attention to the coin from traders

The coin of the Binance network, Binance Coin (BNB), at press time, is trading at $959.65 with a 2.39% decrease rate. As we are approaching mid-November, BNB is hovering around $960. The token’s price trajectory indicates renewed investor sentiment. Also, liquidity improvement in the Binance environment is a positive side for the coin.

binance coin

Source: CoinMarketCap

Technical Indicators Signal Short-Term Strength for Binance Coin

According to TradingView charts, the coin is experiencing resistance (blue) at $988.6 and can rise to $1000 if it crosses the level of resistance. The support level (yellow) of the coin is at $950.4 and can dip to $880 if it drops below the line. The moving average convergence divergence (MACD) indicator says that the coin is in the bearish zone as the signal line (orange) is above the MACD line (blue). The Relative Strength Index indicates that the coin is being oversold as the line is below the 50 median.

Source: TradingView

The CoinGlass data indicates the coin’s performance decreasing 0.56% the last 4 hours and 2.74% over the last 24 hours. The 7-day trajectory shows an increase of 1.98%.

Source: CoinGlass

Ecosystem Developments Support Positive Sentiment

The current developments in the BND environment have helped with a positive sentiment for its trajectory. Recently, many updates, such as the token’s launch pool and Earn programs, have helped bring attention to the coin from traders. Also, the BNB burn mechanism assists in the issue of scarcity, causing value stability

In the regulatory area, BNB has improved due to compliance efforts. These efforts help in increasing confidence among the traders and investors. According to the data provided by CoinCodex, the coin might trade at an average of $988.87 and a maximum price of $1057.69. The potential ROI of the coin might be 10.51%.

Source: CoinCodex

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