* 20th Oct 2026*

BNB UPDATE 20th Oct 🔥

$730.71 (+1.90%) | Burn Alert: 1.64M BNB ($1.2B) Gone Forever! 🔥

Supply shrinking, ecosystem growing — BNB holding $720 support strong.
Target: $740-$770 this week if volume holds!
*Current Stats:*
- Price: *$730.71 (+1.90%)*
- Open: $717.05 | High: $733.32 | Low: $716.83
- Market Cap: $95.5B
- Volume: $789M+ 0853

*🔥 Big News Today:*
Binance completed *37th Quarterly Burn* on Oct 19 — *1,646,196.44 BNB ($1.19B)* burned forever! Total supply now 131.5M, target 100M. This is one of the largest deflationary burns in crypto history. bc30

*Technical View:*
- Resistance: $733.32 (today's high) → Next $743.41
- Support: $716.83 → Strong floor $708.23
- EMA50 $731.43 — Price is just below it, bearish short-term but RSI 43-51 neutral
- Long/Short Ratio: 2.57 bullish 3307

*Short Trade Setup:*
Hold above $720 = bullish. Close above $731.43 = move to $740-$770 by Oct 31. Drop below $716 = consolidation.

$BNB
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