Binance Coin Breaks $750 Resistance Fueled by Buyer Volume

Price action has been driven by structured accumulation and a series of controlled pullbacks, supported by technical indicators and institutional flows.

Analysts note that short-term setups continue to favor upside movement as buying volume holds firm. With momentum sustained across multiple timeframes, attention now turns to whether BNB can extend toward higher resistance zones.

The BNB/USDT 30-minute chart indicates a structured consolidation pattern just above $726, forming a narrow range between $731.28 and $717.28. Shared by analyst Natalie Dormer, the chart highlights an accumulation phase characterized by higher lows and stable short-term support.

This setup implies that market participants are absorbing liquidity in anticipation of a breakout. Dormer points to $765.28 as the key resistance, suggesting that bulls are targeting a retest of this level following the current range-bound movement.

Source: X

A suggested entry zone is marked between $726 and $732, closely aligning with the midpoint of the consolidation range. An ideal profit zone is identified near $738.42, positioned below resistance, while the lower support zone between $717.28 and $706.36 represents the stop-loss area.

This configuration outlines a favorable risk-to-reward scenario, particularly if price holds above the $720 level. Dormer also notes the possibility of liquidity grabs below recent lows, warning that large players may trigger false breakdowns to collect orders before driving prices higher. If volume increases near support, a breakout toward $765 could materialize.

BNB’s 24-hour chart confirms a steady bullish structure, with the asset closing at $733.22 and recording a 0.40% gain. Price movement during the session showed a gradual incline, supported by elevated buying volume peaking near $1.48 billion.

The session high was reached just under $760 before encountering resistance, which led to a minor retracement. These price swings indicate traders are rotating capital between short rallies and profit-taking cycles.

Source: BraveNewCoin

Despite the temporary pullback to the $730 range, BNB’s price structure has maintained higher lows throughout the day. Consolidation near the $750 area during midday hours suggests a continued attempt to build momentum for another upward push.

The relatively low volume during the correction phase points to a lack of aggressive selling, which supports the case for ongoing accumulation. As long as the $730 support zone holds, BNB’s structure remains intact for another advance toward previous highs.

At the time of writing, BNB is priced at $753.97, reflecting a daily gain of 2.83%. The asset reached an intra-day high of $765.56, underscoring the sustained bullish momentum. Recent price action continues to follow a well-defined uptrend, with multiple green candles forming across the daily chart.

This performance reinforces confidence among market participants that the uptrend remains valid.

Source: TradingView

The Moving Average Convergence Divergence (MACD) provides further confirmation of strength. The MACD line is currently at 21.48, while the signal line stands at 14.36, resulting in a positive histogram of 7.12. This divergence signals strong momentum, which has remained in play since the crossover occurred in late June.

Additionally, the Chaikin Money Flow (CMF) remains positive at +0.15, indicating sustained capital inflows into BNB. A CMF value above zero typically confirms buying activity from larger participants. If both the MACD and CMF continue their current trajectories, BNB may remain on course to challenge higher resistance levels in upcoming sessions.