BNB Swings 4% in 24 Hours, Testing $800 Resistance

BNB experienced a notable 4% price swing over the past 24 hours, fluctuating between $793 and $827 before stabilizing just above the $800 level [1]. During the initial phase of the rally, the token surged to a high of $827, accompanied by a sharp increase in trading activity, with over 146,000 tokens traded in a single hour [1]. This level of volume highlighted the token’s liquidity and investor interest, particularly during periods of heightened volatility.

Despite the strong initial momentum, the rally faced resistance near $827.33, where selling pressure curtailed further gains. Short-lived recovery attempts have since struggled to break through the $800.50 level, indicating a key psychological and technical threshold for traders and institutional participants [1]. A decisive move above this level could pave the way for a retest of the $811.22 and potentially $827.33, while a breakdown below $794 may signal a deeper correction toward the $780 area.

The increased trading volume also reflected strong institutional involvement. Two key liquidity zones were observed: a 146,403-unit trade at the resistance level and a 114,685-unit trade at the support level [1]. These actions suggest that institutional buyers and sellers are actively managing positions, which could influence near-term price movements.

BNB’s market capitalization has reached nearly $112 billion, maintaining its position as the fifth-largest cryptocurrency by market cap. Notably, CEA Industries has become the largest corporate holder of BNB after a $160 million purchase, signaling continued confidence in the token’s long-term value proposition [1]. This corporate backing, combined with consistent treasury purchases, underscores a broader trend of institutional adoption.

While the price swings have introduced uncertainty for short-term traders, the underlying demand for BNB appears resilient. The persistent trading volume and treasury activity suggest sustained interest in the token, particularly from long-term holders and institutional investors [1]. Market observers will be closely watching whether the $800.50 level can be decisively broken, as it may serve as a critical turning point for BNB’s near-term trajectory.

Source: [1] BNB Swings 4% in 24 Hours, Testing $800 Resistance (https://www.coindesk.com/markets/2025/08/11/bnb-swings-4-in-24-hours-testing-usd800-resistance)