Binance Coin Holds Bullish Momentum Near $789

Binance Coin (BNB) continues to hold its bullish momentum near $789 despite some cooling of short-term momentum.

The daily chart for BNB remains clearly bullish, with price holding above all three key moving averages in ascending order. The 20-period EMA sits at $744.71, the 50-period at $699.73, and the 200-period at $667.92. Price rides well clear of all three, a textbook bullish stack that signals buyers have controlled the tape for some time.

The broader crypto market is down 1.55% in 24 hours, with a total market cap of $2.93 trillion according to CoinGecko. Bitcoin dominance holds at 58.67%, and the Fear & Greed Index reads 71, classified as Greed.