BNB is showing strong signs of resilience and upward momentum in the most recent 24-hour session. The chart highlights a decisive surge in both price and volume, which often signals the start of a more extended move. When looking closely at the action, the technical setup leans toward further gains rather than a reversal.
The first thing that stands out is the morning breakout. BNB moved sharply higher around 11:00 AM with volume climbing above $1.5B. A surge in volume accompanying a breakout is a key bullish signal—it means the move has strong participation and is not just the result of thin trading. After the breakout, the price established a higher range rather than pulling back, a sign of sustained demand.
Later in the evening, BNB staged another push higher, driving price toward the $960 zone. This move was again backed by rising volume, showing renewed interest from buyers after hours of consolidation. Each attempt higher has been supported by solid inflows, suggesting accumulation rather than distribution. The fact that sellers could not force a deeper retracement after the spikes adds to the bullish outlook.
The pullback after midnight, which brought the price closer to $950, looks more like a consolidation phase than the start of a downturn. The retracement has stayed controlled and volume has tapered off on the dips, which is often seen when strong hands are holding their positions. Lower volume on pullbacks typically signals that selling pressure is limited. The price has also held above previous resistance levels, turning them into support. This is a classic technical shift and one that usually leads to further advances.
Support now looks firm around the $940–$945 zone. This level was tested several times without breaking, suggesting that buyers are stepping in aggressively at these points. With the market absorbing sell orders near $950 and holding firm, the path of least resistance remains higher. The next logical target sits near $975 and then $1,000, both of which are psychologically important levels. A break above $1,000 would likely bring in new momentum traders and long-term investors alike.
The volume profile is another point in favor of the bulls. The highest spikes have come during upward moves, while declines have been on muted turnover. This volume asymmetry is a healthy sign of accumulation. It suggests that larger players are positioning themselves for continued gains, not taking profits. As long as volume supports the uptrend, the pressure on shorts will increase and could lead to another breakout.
The overall pattern on the chart resembles a series of higher highs and higher lows, the simplest definition of an uptrend. Each consolidation phase has resolved to the upside, and the latest retracement shows no real signs of breakdown. With momentum building and key levels flipping into support, the structure remains strong.
Looking ahead, traders will likely watch the $960 level for a clean breakout. If BNB can push above this zone with volume near or above $2B, the next leg higher could be swift. The chart already shows that buyers have been comfortable absorbing supply. Once sellers thin out at overhead resistance, the move to $975 and then $1,000 could develop quickly.
BNB’s price action over the past 24 hours shows conviction. Strong volume spikes on rallies, controlled pullbacks, and higher support zones all point to a market setting up for another move higher. The bullish structure remains intact, and unless volume flips in favor of sellers, the bias stays to the upside.
