BNB has shown impressive strength by increasing 16% overnight, which has driven its value to a new all-time high of $774. This surge allows BNB to break through significant previous resistance levels.
As the cryptocurrency continues this upward trajectory, it hones in on a new target of $800. However, this upward movement is not without potential risks of profit-taking by investors, which could impact its sustained growth.
The performance of BNB is closely watched as it attempts to maintain its momentum and achieve new milestones in the ever-evolving cryptocurrency market.