BNB is once again getting close to the $800 level, and traders are starting to pay more attention.
BNB is currently trading around $780, after facing some selling pressure near the $800 area. For now, $800 remains an important level because a strong move above it could bring fresh momentum and more attention from buyers.
But price isn't the only thing people are watching.
🔥 The next $BNB Auto-Burn is also approaching.
BNB Chain is expected to conduct its 37th quarterly BNB Auto-Burn around mid-October. The burn permanently removes BNB from circulation, with the long-term goal of reducing the total supply toward 100 million BNB.
Another interesting development is the growing activity around tokenized assets and real-world assets (RWAs) on BNB Chain. This is giving the ecosystem another narrative beyond Binance-related utility.
So, what's next for BNB?
For me, the key levels to watch are simple:
📍 $800–$810: Major resistance zone
📍 $780: Current area to watch
📍 $760: Important lower support zone
If BNB manages to break and hold above $800 with strong volume, traders may start looking for the next resistance levels.
On the other hand, losing the $760 area could bring more selling pressure.
The upcoming burn is definitely worth watching, but remember: a token burn doesn't guarantee a price increase. Overall market sentiment, Bitcoin's direction and trading volume will still play a major role.
BNB is at an interesting point right now. The next move could be worth watching closely. 👀
What do you think — will BNB break $800 this month?
Not financial advice. DYOR.