Binance Coin price regained bullish traction as buyers aim to reclaim the key $1,150 resistance level.

Analyst Crypto Tony said this zone could confirm renewed momentum, while DEX trading volumes on the Chain surpassed $2 trillion, reinforcing strong network activity, $8.36B TVL, and rising investor confidence across Binance’s DeFi ecosystem.

BNB Price Approaches Key Resistance Zone

Analyst Crypto Tony has emphasized the importance of Binance Coin reclaiming the $1,150 level to maintain its bullish trajectory. The 3-day chart shows the asset attempting to recover after a correction from October highs near $1,320, with price stability forming around the $1,060 support area. This range indicates strong buying activity as traders position for a potential breakout.

BNBUSDT Chart | Source:x

The current momentum shows the price trading close to $1,140, supported by renewed market demand. A decisive move above $1,150 could open a path toward the next resistance between $1,270 and $1,320, validating the continuation of its medium-term uptrend. However, failure to sustain above current support levels could see renewed testing of the $1,000–$1,060 zone, where buyers previously stepped in to halt the decline.

Altcoin Chain’s Cumulative DEX Volume Surpasses $2 Trillion

According to data shared by Whale Insider, cumulative decentralized exchange (DEX) trading volume on the Chain has exceeded $2 trillion, as reported by DefiLlama. This milestone marks continued user engagement and transaction activity across BNB-based decentralized platforms, including PancakeSwap and Biswap. Since 2021, the Chain has maintained an upward trajectory in DEX volume, reflecting consistent market participation and liquidity depth.

BNB Chart | Source: X

DefiLlama data further indicates $8.36 billion in total value locked (TVL) and a $14.04 billion stablecoin market capitalization across the asset Chain protocols. Daily DEX volume currently stands at $2.83 billion, while 24-hour inflows of $18.73 million suggest renewed capital allocation into the ecosystem protocols. This sustained inflow points to strong developer and trader activity, with the network continuing to process high-volume transactions efficiently.

Technical Outlook and Market Position

From a technical standpoint, the recent recovery from the $1,090 area to its current trading level near $1,140 signals improved buying strength. The chart shows consolidation between $1,110 and $1,130, which may act as a base for the next leg higher. Analysts note that a daily close above $1,150 would be a key validation point, potentially targeting $1,180 and $1,200 in the short term.

Trading volume has reached approximately $3.02 billion, indicating growing participation as the token retests upper resistance levels. The coin’s resilience around short-term support at $1,100 continues to attract investor interest, especially amid rising activity within Binance’s DeFi ecosystem. A confirmed breakout above $1,150 would reinforce bullish sentiment across the broader altcoin market.

Binance Coin Chain’s Network Strength and Market Ranking

With a market capitalization of $158.84 billion, the asset maintains its status as the fourth-largest cryptocurrency by market value. The chain’s expanding DEX ecosystem and stable performance reflect its role as one of the leading smart contract networks supporting global trading volumes.

The consistent rise in both user engagement and on-chain liquidity demonstrates the network’s scalability and operational stability. As the altcoin continues to consolidate above key technical levels, traders remain attentive to whether momentum above $1,150 can confirm the next major upward move heading into the final quarter of 2025.