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BNB Eyes $860 Breakout as Bollinger Bands Signal Major Upside

BNB Eyes $860 Breakout as Bollinger Bands Signal Major Upside

2025-07-29

BNB Chain Implements Maxwell Upgrade to Halve Block Time and Improve Network Performance

  • Windtree’s $700M commitment boosts BNB momentum toward potential breakout above $860.
  • Bollinger Bands show rising volatility, confirming strong buying pressure behind the BNB rally.
  • If bulls flip $810 into support, BNB could target the $860 psychological level next.

Binance Coin — BNB, has found a powerful catalyst, and traders are watching every move. Windtree Therapeutics, a Nasdaq-listed biotech company, shocked the market by announcing plans to invest nearly $700 million into Binance Coin. This bold strategy includes a $500 million equity line of credit and an additional $20 million stock deal. If shareholders approve the plan, 99% of the proceeds will go toward BNB accumulation. That kind of inflow could shift the balance of power for BNB in a big way.

Windtree’s $700M Play Sparks Market Optimism

Windtree’s move reflects a growing trend among institutions exploring digital assets for diversification. CEO Jed Latkin called the BNB strategy a long-term commitment to strengthening their digital asset portfolio. This decision gained further validation from Patrick Horsman of Build and Build Corp., who labeled it a smart play for future value creation. Their confidence adds weight to the idea that BNB may continue attracting serious capital.

As bulls regain control, the key level to watch is $810. That previous high now stands as the most important resistance. If bulls can flip it into support, BNB may enter price discovery again. Traders know that breakouts from such levels often trigger strong upside runs. With momentum already shifting, eyes are locked on the $818 zone, marked by the top Bollinger Band.

Technical Indicators Align for a Bullish Setup

The daily chart shows clear signs of an upward trend. Bollinger Bands continue to slope upward, reflecting growing volatility fueled by buyer activity. Since July 2, BNB has closed consistently above the middle band, which sits at the 20-day moving average. This suggests that demand remains strong enough to sustain the rally.

MACD readings confirm the strength of the current trend. The MACD line floats well above the signal line, while histogram bars stay positive. These indicators show that bulls still hold the momentum, and buying pressure hasn’t let up. A breakout above $818 could send BNB racing toward the next psychological barrier at $860.

Still, traders should remain cautious. If BNB fails to close above $810, another wave of profit-taking could trigger a pullback. A dip below the mid-Bollinger level at $730 might invalidate the bullish setup. In that case, support at $700 becomes the next critical zone to monitor.

Windtree’s aggressive BNB strategy reignited bullish momentum and sparked renewed interest in the coin. Technical indicators support the case for an $860 breakout, with $850 in sight if bulls follow through. Resistance near $810 remains the last major hurdle before liftoff. Traders are watching closely, and the next few days could shape BNB’s short-term future.

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