BNB Technical Analysis on July 18, 2025: What’s the Next Move for Binance Coin?
Binance Coin (BNB), the native token of the Binance ecosystem, has long been a favorite among crypto traders. Its recent price swings have everyone wondering: Is BNB gearing up for a major breakout, or are we in for a breather? In this analysis, we’ll dig into market data, key support and resistance levels, and technical indicators to map out BNB’s potential path in the short and long term.
BNB’s Current Market Picture
As of July 18, 2025, BNB is trading around 710, having recently climbed from 690 and briefly touched $720. This move forms part of a short-term ascending channel, signaling buyer strength. But can this upward push hold? Let’s dive into the charts for answers.
Key Support and Resistance Zones
The foundation of any technical analysis lies in spotting support and resistance levels. Right now, BNB’s primary support is around 675, aligning with the 50-day moving average. This level has been tested recently, with buyers stepping in to defend it. If this support breaks, the next stop could be around 650, which ties in with a long-term bullish trendline.
On the resistance side, the 735 to 780 zone is a tough barrier. This area has rejected price advances before, and breaking through it could signal a strong bullish move. Some traders believe a clean break here could push BNB toward $820 or higher. Will BNB have what it takes to conquer this level?
What Indicators Are Telling Us
Indicators often provide clues about where the market might head next. The Relative Strength Index (RSI) on the daily chart sits around 65, reflecting healthy bullish momentum but nearing overbought territory (above 70). This suggests a potential pullback if buying pressure eases.
The MACD shows a bullish crossover, signaling short-term upward momentum. However, if the signal line starts converging toward the main line, it could hint at fading momentum. The 200-day moving average, around $620, acts as a solid long-term support, reinforcing the overall bullish structure.
Volume and Market Behavior
Trading volume has spiked recently, particularly near support levels, showing that buyers are active at lower prices and helping to prevent sharp drops. Large buy orders around 675 to 690 suggest that big players often called whales are ready to step in at these levels, creating a potential support wall. These “buy walls” can act like magnets, drawing price toward them.
Short-Term vs. Long-Term Outlook
In the short term, BNB is likely to test the 735 resistance. A strong breakout with high volume could open the door to 780 or beyond. But if it fails to break through, we might see a pullback to 675 or even 650. In the long term, BNB’s market structure remains bullish, driven by Binance’s dominance in the crypto space and ongoing platform growth.
Hasn’t BNB always been a bit of a dark horse in the crypto world? Its connection to Binance, one of the largest exchanges, gives it a unique edge, but the crypto market’s volatility means nothing is certain.
Trading Strategies to Consider
For short-term traders, waiting for a breakout above 735 or a pullback to 675 could offer good opportunities. Setting stop losses below key support levels is crucial for risk management. Long-term investors might want to wait for a confirmed breakout above resistance, especially if indicators flash stronger bullish signals.
Wrapping It Up
On July 18, 2025, BNB stands at a pivotal moment. Short-term bullish signals are promising, but traders should brace for a possible correction. Keeping an eye on key support and resistance zones, paired with indicator insights, will help make smarter moves. Whether you’re chasing quick gains or holding for the long term, BNB offers plenty of potential just don’t skimp on risk management.