BNB Bulls Face Crucial Resistance Test Amid Binance Regulatory Scrutiny

BNB is trading around $784 after a strong multi-month recovery. The token has climbed from a July low near $550 and formed a series of higher lows since then.

The next major test for BNB bulls is the $823 resistance level, which acted as support during late 2025 before the token broke sharply below it in February. A daily break above $823 would clear one of the strongest visible barriers on the chart.

Momentum remains firm, with a daily Relative Strength Index at 66.84 and a MACD line around 25.33 compared to the signal line at 21.89. BNB Chain's real-world asset market has grown to roughly $3.4 billion, while Binance is carrying out scheduled system upgrades on September 22.

However, U.S. federal prosecutors are investigating whether Binance violated U.S. sanctions on Iran by knowingly allowing certain transactions to proceed. This regulatory scrutiny may have an impact on the price of BNB in the coming days.