BNB continues its explosive uptrend, approaching major technical resistance amid rising market confidence
Binance Coin (BNB) has reached a new all-time high above $1,300, surging more than 12% in the past week as traders eye continued momentum in the broader crypto market. The rally marks a significant milestone for the native token of the world’s largest exchange, pushing it to fresh highs not seen since early 2021.
The BNB/USDT weekly chart shows a steep ascending trendline that has guided the coin’s uptrend since early 2023. Price action indicates a near-vertical climb over recent months, fueled by renewed optimism across digital assets and strong performance from Binance’s ecosystem.
The coin has now entered a critical technical zone, with potential resistance forming near the upper boundary of the rising trendline around $1,350–$1,400. Historically, similar vertical accelerations have been followed by brief consolidation phases, though the underlying trend remains firmly bullish.
“BNB’s current structure shows strength, but the market is entering a key psychological zone where profit-taking could occur,” said one BITX technical analyst. “If momentum holds above $1,200, continuation toward $1,500 becomes possible.”
Trading volume has remained elevated throughout October, indicating strong participation from institutional and retail traders. Analysts note that BNB’s breakout from the $680 consolidation zone earlier this year marked a major shift in long-term sentiment. The green demand zone on the chart highlights where previous resistance has now flipped to strong support.
“The token’s resilience and steady price growth despite broader market volatility suggest that investors are positioning for continued upside,” BITX market observer noted. “However, any breakdown below $1,100 could trigger a short-term retracement.”
As of press time, BNB trades near $1,310, maintaining weekly gains above 12%. With Bitcoin and Ethereum consolidating near record levels, traders will be watching closely to see if BNB can sustain its breakout and establish new highs in the coming sessions.
The current market tone remains decisively bullish, with BNB standing as one of the top-performing large-cap cryptocurrencies in Q4 2025.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.