BNB Swings 4% in 24 Hours, Testing $800 Resistance

BNB has been seeing turbulence over the last 24-hour period, enduring a 4% swing over the period between the $793 to $827 range, before settling just above the $800 level.

The token initially moved to a peak of $827 as the rally started, with more than 146,000 tokens traded in a single hour before sellers stepped in to reserve these gains.

Trading remained choppy since, with short-lived recoveries failing to break resistance levels near $800 decisively. Despite the volatility, BNB treasury purchases haven’t wavered, with CEA Industries becoming the largest corporate holder of the cryptocurrency after a $160 million purchase.

The move pushed BNB’s market capitalization to nearly $112 billion, cementing its position as the fifth-largest cryptocurrency by market capitalization.

While the price swings rattled traders, the underlying demand suggests continued long-term interest.

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.

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