BNB Price Eyes Key Move Toward $1300 as Binance Wallet Activity Grows

The price of Binance Coin (BNB) is approaching an important technical test after reclaiming a long-standing range, with traders now watching whether the previous breakout zone can turn into support.

Crypto analysts have identified the $750-$780 area as the key zone for BNB's next move. According to analyst Alex Marzell, this area was previously a level of resistance but could become a crucial level of support if BNB holds its ground there.

If BNB manages to stick to the retest zone, according to Marzell, the next level will be $1,300 and beyond.