BNB’s trading volume surged by 65% in 24 hours, exceeding $160 million in spot markets and $800 million in futures. Open interest remains elevated at nearly $950 million, with long-to-short ratios above 1.9 across major platforms, indicating predominantly bullish positioning. Binance leads the market with over $430 million in BNB volume over the past day, significantly ahead of competitors. On the technical side, BNB has broken above its 50-day and 100-day moving averages, finding support around $575-576, and is currently trading near $589. The next resistance level sits at the 200-day moving average, close to $652.
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