Overview

• BNB has rebounded more than 16% to trade past $1,350, outpacing Bitcoin and Ethereum in the latest session.
• The advance follows an early-October plunge to about $891 and a rebound tied to whale accumulation and institutional inflows.
• Binance founder CZ said the move reflects organic demand, stating BNB has no market makers and praising ecosystem efforts that protected users during volatility.
• Momentum indicators remain supportive, with RSI near the mid-60s, a positive MACD, and a TradingView daily Buy signal, as traders watch support at $1,192–$1,220 and resistance at $1,450–$1,500.
• Analysts outline scenarios extending to the $1,700 Fibonacci area and potentially $2,400, while a drop below roughly $1,200 could point to consolidation.