BNB Golden Cross Sets Stage for Potential $900 Rally

The Binance Coin (BNB) has strengthened its technical structure in September after recovering from mid-year lows. The price climbed from $538 to a high of $780.49 on September 5, but retreated to the mid-$700s. At press time, BNB traded around $740-$755.

Several analysts have identified key support and resistance levels for BNB. @Garreett_G notes that the $730 area is an important level, with both the 0.5 Fibonacci retracement at $728 and the 0.618 retracement at $715 sitting close to an ascending trendline.

Meanwhile, DrDovetail points out a golden cross in BNB's chart, which suggests that momentum has shifted in a more constructive direction. The analyst also notes that $900 seems likely if the broader altcoin market enters a sustained rally.