BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone

BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone

Source: CoinDesk

Published:2025-12-04 17:00

BTC Price:$92502

#BNB #Bullish #Crypto

Analysis

Price Impact

High

Bnb's price action shows a significant 68% surge in trading volume, indicating strong accumulation interest from large investors. the token is nearing a critical resistance zone between $920-$928, with a potential breakout eyeing $940 or even $1,000. this level of volume and proximity to a major resistance breakout point suggests a high impact event.

Trustworthiness

High

The analysis is provided by coindesk, a reputable source, utilizing technical analysis data models from coindesk research and citing on-chain developments on the bnb chain. this combination of technical and fundamental data from a trusted source lends high credibility.

Price Direction

Bullish

Despite trading in a sideways range, bnb is holding above recent lows near $896, which is often a precursor to a larger move. the 68% volume spike, coupled with large investor accumulation and ongoing utility growth on the bnb chain, strongly suggests a bullish breakout if the $920-$928 resistance is breached, targeting $940 or $1,000.

Time Effect

Short

The current price action, volume surge, and testing of resistance indicate immediate market interest and potential for a breakout or rejection in the short term. traders are watching the $920-$928 range closely for a near-term move.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone The token is trading in a sideways range, holding above recent lows near $896, while a breakout above $920-$928 resistance could push BNB toward $1,000. By CD Analytics , Francisco Rodrigues | Edited by Jamie Crawley Dec 4, 2025, 5:00 p.m. BNBUSD (CoinDesk Data) What to know : BNB's price rose 1.44% to $908, driven by a 68% surge in trading volume, as large investors may be accumulating the token during a consolidation phase. The token is trading in a sideways range, holding above recent lows near $896, and a breakout above the $920-$928 resistance zone could push BNB toward $940 or $1,000. The uptick in BNB's activity coincides with developments on the BNB Chain, including increased on-chain volume and new tool launches, aiming to grow the utility of the chain and attract speculative and longer-term interest. BNB rose to $908 over the last 24-hour period, up 1.44% in the period, as a surge in trading volume suggests that large investors may be accumulating the token during a consolidation phase. Volume spiked 68% above average, peaking at 86,436 tokens in a single hour, as BNB tested a key resistance cluster between $920 and $928, according to CoinDesk Research's technical analysis data model. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The token pulled back slightly to $903 but held above its recent lows near $896, forming a sideways trading range. This pattern often signals buyers preparing for a larger move. The uptick comes amid a broader crypto market rebound, where major assets like bitcoin and ether posted gains of 0.5% to 3.5% following positive signals from traditional finance, including looser monetary policy expectations as the Federal Reserve is now widely expected to cut interest rates this month. BNB’s activity coincides with developments on the BNB Chain, including increased on-chain volume and the launch of new tools like predict.fun , a prediction market app tied to the Binance ecosystem. Despite recent volatility, these projects aim to grow the utility of the chain, which continues to attract speculative and longer-term interest. Traders are now watching the $920-$928 range closely. A breakout above this zone could push BNB toward $940 or even $1,000, though a drop below $903 might test support near $896. Disclaimer : Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. BNB Technical Analysis AI Market Insights More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. 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