BNB Bulls Celebrate an $881 ATH While Resistance Plays Defense at $880

• BNB holds firm above $850 support, eyeing $900 if resistance near $880 breaks
• Momentum stays positive, though RSI at 64 signals caution for near-term upside
• Open interest hits $1.1B, with Binance leading leverage that may fuel volatility

BNB, the native token of Binance, surged to a fresh all-time high of $881 earlier today before easing slightly. At the time of writing, the token trades near $862, reflecting a 3.42% daily gain. 

This powerful rally has pushed BNB’s market capitalization above $120 billion, solidifying its position among the world’s top digital assets. The move, which comes as the token’s market cap set a milestone, ranks 191st globally among all assets, was accompanied by a notable surge in trading activity, signaling increased investor confidence and showing how BNB’s utility and institutional backing are fueling its rally.

The Battle Between Support and Resistance

The market is now in a clear battle at these new highs. The support level between $850 to $853 has proven resilient, with the price bouncing strongly from this area earlier in the session. This zone now acts as the immediate foundation for any further advances.

On th…

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