BNB Rally Gains Steam as Key Resistance Turns Into Support

TL;DR

• BNB flipped last year’s high into support, holding strong demand around the $780–$800 zone.
• Leveraged shorts cluster at $895, where a breakout could trigger cascading liquidations upward.
• Open interest at $1.49B signals heavy leverage, raising chances of sharp, liquidation-driven moves.

Breakout Above Yearly High

BNB moved above last year’s high, which has now turned into a support level. Analyst Crypto Bully called it “one of the best looking charts” and noted that the market is paying little attention to it.