• BNB reached an all-time high of $1,223, becoming the first time it has ever broken above the level of $1,200.
• It is traded at $1,219.11, 5.2% up in 24h, supported at $1,149.88 and resisted at $1,220.63.
• BNB gained 4.1% vs BTC, with a 24h turnover of 22.92M USDT, confirming strong trading activity.

BNB has also hit an all-time low in its price, surpassing the $1,200 mark. Shares of the token are currently quoted at a price of $1,219.11, which is an increase of 5.2 over the last 24 hours. At the same time, BNB slightly improved as it reached 0.009822 BTC or 4.1%. It is worth noting that the range of 24-hour trade was between $1,147.7 and 1, 223, achieving a new all-time high.

Strong Upside Momentum on the Daily Chart

The latest surge has pushed BNB into record territory, with buying strength carrying the token above its key resistance levels. The new resistance sits at $1,220.63, while support levels remain firm near $1,149.88. Price momentum accelerated sharply after consolidating around $993 earlier this month, as seen on the six-hour chart. The steep rally highlights the strength of market demand within the short-term structure.

Market Reaction to New Record Levels

The volume data indicates significant activity, and 24-hour turnover is 22.92 million USDT. The token reached an intraday high of $1,223 and then withdrew marginally to maintain its price levels at high levels towards the upper end of the range. 

Notably, the prolonged trend, which hits the mark of more than 1,200 in a psychological price, creates a new trading area of BNB. Participants still watch whether the price will stabilize in the nearest future with the assistance of the support at $1,149.88.

Broader Implications from Current Movement

BNB’s breakout above $1,200 not only delivers a new historical high but also expands its relative strength against Bitcoin. The performance of the token against the BTC highlights the demand in the market in general. Moreover, the sharp upward movement on the six-day scale between the bottom of the market and the peak of $1,223 represents the high pressure of upwards force. 

Nonetheless, the identified resistance at $1,220.63 has become the immediate obstacle that is being followed up by traders. BNB’s breakout above $1,200 reinforces strong market demand, with traders now watching whether support at $1,149.88 can sustain momentum and stabilize price action near record levels following the sharp six-day rally and heightened trading activity.