🚨 *BNB Breaks Above $900, Achieves ATH* 🚀
*BNB Price Surges*
Binance Coin (BNB) rallied to $902.27, setting a new all-time high and climbing 2.56% in 24 hours.
*Why BNB is Up*
The surge coincides with Binance's new partnership with Franklin Templeton, a $1.6 trillion asset manager, to co-develop tokenized investment products.
*Partnership Details*
The collaboration aims to:
- Develop tokenized securities compliant with regulatory frameworks
- Improve efficiency in settlement, collateral management, and portfolio construction
- Increase accessibility for institutional and retail investors
*Technical Analysis*
- RSI at 64.35 shows room for upside
- SMA 7 and SMA 20 act as near-term support
- MACD line above signal confirms upward momentum
- Resistance: $904.37 (24h high, psychological barrier)
- Support: $870-880 zone, with stronger support at $829.59 (SMA 50)
*Market Outlook*
BNB is up 29% year-to-date and over 75% in the past 12 months. Sustained demand could drive BNB toward the $920-$930 range, with the possibility of testing $1,000 if momentum continues.#BNBBreaksATH #SECReviewsCryptoETFS $BNB
