BNB Price Surge Tests Key Resistance Levels as $900 Target Looms

The Binance Coin (BNB) price has been on an upward trend, climbing from $538 to a high of $780.49 on September 5 before pulling back to the mid-$700s.

At press time, BNB is trading around $740-$755, leaving traders wondering if the recent advance will develop into a sustained breakout.

Several technical analysts are highlighting the $730-$745 region as an important support level, while $770 remains a major resistance point.

Analyst @Garreett_G describes the BNB chart as 'technically constructive,' with the $730 area emerging as a key level for the next phase of the move.