$BNB is still stuck in the same $738–$761 box — and that tells me more than a pump would.
I flagged this range earlier today, and tonight it held again: around $745, -0.63% (Finnhub, 10:52 PM PKT), after tapping $761 on the high and $738.30 on the low. No breakout, no breakdown. Just traders defending both edges, with $BTC still above $80K.
Here's why I'm leaning constructive, not chasing: BNB Chain's Jenner upgrade hit testnet today, reserving 5% of block gas for payments (governance can raise it to 10%). And Q3 network revenue was $54.2M, up 54% on the prior quarter, on 1.51B transactions (+7.5%). A chain earning more while its token chops sideways is utility doing quiet work — that's my conclusion, not hype.
If $761 breaks, momentum traders get their trigger. If $738 holds again, the range trade stays alive. A daily close below $738 invalidates the range view for me.
$738 or $761 first — which edge breaks? Drop your number.
Not financial advice. DYOR.
#BNB #BNBChain #Crypto
I flagged this range earlier today, and tonight it held again: around $745, -0.63% (Finnhub, 10:52 PM PKT), after tapping $761 on the high and $738.30 on the low. No breakout, no breakdown. Just traders defending both edges, with $BTC still above $80K.
Here's why I'm leaning constructive, not chasing: BNB Chain's Jenner upgrade hit testnet today, reserving 5% of block gas for payments (governance can raise it to 10%). And Q3 network revenue was $54.2M, up 54% on the prior quarter, on 1.51B transactions (+7.5%). A chain earning more while its token chops sideways is utility doing quiet work — that's my conclusion, not hype.
If $761 breaks, momentum traders get their trigger. If $738 holds again, the range trade stays alive. A daily close below $738 invalidates the range view for me.
$738 or $761 first — which edge breaks? Drop your number.
Not financial advice. DYOR.
#BNB #BNBChain #Crypto
