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- BNB kept key support of about $ 560, looking at a breakthrough over $ 618 for further winnings
- Social volume and feelings underlined potential for further growth
Binance Coins (BNB) Recently, he flashed strong bull feelings, attracting the attention of participants in the market around the world. At the time of the Press, BNB traded at $ 579.69, after a slight fall of 0.23% on the ladder.
However, the overall mood of the market remains positive, with the crowd and smart money tilting optimism. Therefore, the question is – can the BNB keep your bull momentum and break into a $ 618 resistance to start a significant set?
Can bnb bulls maintain control?
After a significant withdrawal from its previous maximums above $ 700, Binance Coin, at the time of the press, tested the key to the key to around $ 560. The price bounced after she hit this level, showing that the support zone holds strong for now.
However, in order for bull momentum to continue, the BNB must break the key resistance to $ 618.6. A successful interruption could stimulate a rally according to the next resistance to $ 679.5, attract further attention to the BNB.
Still, Altcoin must first determine a clear momentum before that happens.
Source: TraringView
Social volume and domination
BNB -O’s social volume and domination flashed moderate levels – a sign of increasing interest. However, they have not yet been at an explosive level, which is often preceded by pricing. At the time of the press, the social volume had a reading of 120, while social domination was 0.578%.
These figures are underlined in discussions around the BNB, indicating hiking market awareness. However, despite this trip, the coin has yet to reach the level where Buzz could start a huge set on social networks.
Therefore, although social activity may be on the rise, it has not yet reached the levels needed to encourage a significant breakthrough.
Source: Santiment
A weighted feeling – a positive look but with a space for growth
The BNB -lazy mood was also relatively positive, at the time of the press. The value of the metric was -0,399, indicating a slightly favorable market view despite smaller fluctuations.
This has suggested that although investors still trust in the odds of BNB, the mood has not yet reached the euphoric maximum. On the contrary, the elevation of the feeling has signaled that BNB can still have room for growth. Especially if it breaks down the level of keys resistance and starts a further purchase of interest.
Source: sentiment
BNB liquidation data – balanced market
When analyzing data on the liquidation of BNB, we noticed a relatively balanced market. February 8, 2025. The BNB recorded $ 6.33 million in long liquidations and $ 4.65 million in short liquidations. Such balance means that the market is in a state of flow, and even bulls do not completely have control.
Volatility could lead to sudden pricing movements, but also holds the market uncertain. Therefore, liquidations can add unpredictability.
Source: COINGLAS
At the time of writing, Binance Coin showed a strong potential to break the resistance level of $ 618. His action price for printing time, moderate social volume and domination, and positive but muted feelings, all suggested that the coin can be prepared for further growth.
Read Binance Coin Price Predictions (BNB) 2024–2025
If BNB manages to overcome this resistance level, it could trigger a wider bull set. Therefore, if the BNB can maintain its current momentum and break the level of $ 618, they are likely to start a new uprt.
