BNB Could Target $969.59 Fibonacci Level After $908.93 All‑Time High as Institutional Demand and Auto‑Burn Tighten Supply
The post BNB Could Target $969.59 Fibonacci Level After $908.93 All‑Time High as Institutional Demand and Auto‑Burn Tighten Supply appeared on BitcoinEthereumNews.com.
BNB price hit a new all-time high at $908.93 and remains bullish, with the next key Fibonacci extension near $969.59; volume, institutional inflows, and ongoing auto-burns support further upside in the near term. BNB reached $908.93 ATH; 1.618 Fibonacci target is ~ $969.59. Negative correlation with Bitcoin and rising institutional demand strengthen independent momentum. Daily volume near $2.4B and auto-burns are tightening supply; market cap around $126B. BNB price: Binanсe Coin reached $908.93 ATH; watch the $969.59 Fibonacci target — read the analysis and outlook from COINOTAG. What is the current BNB price outlook after the new ATH? BNB price has established a fresh all-time high at $908.93 and shows continuation potential, with the 1.618 Fibonacci extension near $969.59 acting as the next technical objective. Volume expansion, institutional purchases, and supply-reducing auto-burns underpin the bullish structure. How did BNB break out and which levels matter next? BNB extended its breakout after clearing key resistance levels. The 1.272 Fibonacci extension at $801.46 functioned as a support pivot during the move higher. With historical resistance near $620, $587 and $465 converting to support, technical structure indicates limited resistance above the current price. The immediate extension target is ~ $969.59 (1.618). ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); BNB hits $908.93 ATH with momentum intact, next Fibonacci target at $969.59, supported by liquidity, institutional demand, and supply reduction. BNB reached $908.93…
