BNB (BNB) Price Prediction for July 29, 2025: Can Bulls Maintain Control Above $840?
Main Idea
BNB's price is showing strong bullish momentum with potential for further gains, supported by technical indicators and derivatives activity, but traders should watch for signs of reversal.
Key Points
1. BNB price is holding near $846 after an aggressive rally, with key demand zones and break of structure levels supporting the uptrend.
2. The rally is driven by momentum and derivatives activity, with a 13% increase in the past five days and a 281% surge in daily derivatives volume to $2.84B.
3. Technical indicators like the Supertrend, DMI, and Bollinger Bands confirm bullish conditions, with strong buyer pressure and no reversal signals yet.
4. Short-term outlook suggests potential upside to $880 if BNB consolidates above $840–$845, with key support at $804–$820 and $760–$780 in case of a pullback.
5. Traders should monitor intraday RSI and volume for early signs of reversal despite the current bullish trend.
Description
The BNB price today is holding near $846 after staging an aggressive rally that broke above major structural resistance levels. The move has been supported by strong derivatives inflow and a bullish alignment of technical indicators. Market participants are now eyeing whether the rally can sustain without a pullback toward key demand zones. What’s Happening With BNB’s Price? BNB price analysis (Source: TradingView) BNB has extended its bullish momentum into late July by clearing a critical struc...
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