Binance Coin continues its strong upward momentum above $930, drawing market attention after analyst CW highlighted a significant buying wall near $910. This key demand zone has absorbed selling pressure, reinforcing its bullish structure and supporting repeated rebounds.
Analyst legen adds that sustained strength above $935 indicates rising market confidence and positions the asset to challenge the $1,000 psychological level. Increasing trading volumes and strong higher lows emphasize continued investor accumulation and healthy market participation.
The four-hour chart shows a steady climb from past consolidation zones, while daily price action reflects resilience at $920–$930. These technical factors, combined with historical trends of capital rotation into major altcoins during Bitcoin stabilization, strengthen expectations of further upside.
Strong Price Action Above $930
Binance Coin is maintaining a firm position above the $930 level, supported by steady market demand. Analyst CW observed a strong buying wall near $910, which continues to absorb selling pressure and sustain upward momentum. The four-hour chart indicates multiple higher lows, reflecting continued demand from market participants even during brief pullbacks.
BNBUSDT 4-Hr Chart | Source:x
The buying wall around $910 remains an important demand zone. If the price retests this area, fresh accumulation could reinforce the bullish structure. Maintaining movement above the green support bands improves the probability of retesting the recent high near $935 and sets a path toward the $1,000 threshold.
Analysts Track Momentum Toward $1,000
Analyst legen reported that the token is approaching the key $1,000 milestone as market demand strengthens. The strong movement above $935 signals continued buying interest and a positive long-term trend. The shared chart shows price expansion from earlier consolidation phases, reinforcing market confidence in its upward trajectory.
BNBUSDT Chart | Source:x
Legen also noted that this climb coincides with expectations for a broader altcoin market advance. Historically, after Bitcoin records strong gains and stabilizes, trading capital often shifts toward large-cap altcoins such as Binance. Rising trading volumes and BNB’s relative strength against peers position it to benefit if a wider market rally develops. A daily close above $1,000 would confirm bullish continuation and potentially attract additional inflows.
Market Performance and Trading Volume
At the time of writing, Binance coin trades at $932.51, reflecting a modest 0.09% gain over the past 24 hours and a market capitalization of $129.76 billion. The trading day displayed intraday volatility as it opened near $935, moved to about $920 during early trading, and recovered to current levels. Daily trading volume stands at approximately $1.18 billion, pointing to sustained market participation despite temporary dips.
BNBUSD 24-Hr Chart | Source: BraveNewCoin
The price pattern reveals strong underlying support around $920, where buyers repeatedly limited downward moves. Short-term rebounds above $930 indicate ongoing accumulation on minor corrections. As long as the altcoin remains above this level, the next major resistance remains at the psychological $1,000 mark.
Technical Setup for Continued Uptrend
The chart structure supports the view that the cryptocurrency retains bullish momentum. The presence of firm buying interest near $910, along with repeated tests of the $930 area, suggests that demand is strong enough to absorb selling pressure. Analysts believe that if Binance coin holds above these zones, a breakout through the $940–$950 range could pave the way toward the $1,000 milestone.
Current trading data indicate that it is continuing to build on its recent gains without losing upward momentum. Stable support levels and consistent trading volume indicate a resilient market structure capable of sustaining an advance. A decisive move beyond $1,000 would mark an important technical development and could signal the continuation of its prevailing uptrend in the near term.
