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BNB tests $930 resistance amid overbought signals and corporate interest

Price Action and Technical Context

BNB is currently testing a key resistance level near $930, with its recent intraday high reaching $944.95. This price action reflects growing momentum, though technical indicators suggest caution. The Relative Strength Index (RSI) sits at 71.40, a reading that typically signals overbought conditions and raises the possibility of near-term profit-taking.

Trading volume remains robust, with the BNB/USDT pair on Binance recording approximately $239.5 million in spot market activity over 24 hours. This indicates solid participant interest, though overbought signals may temporarily slow upward movement.

Fundamentally, BNB continues to gain credibility through growing corporate adoption. On September 10, 2025, Franklin Templeton announced a partnership with Binance to integrate BNB into its treasury management systems. Around the same time, CEA Industries expanded its BNB holdings, reinforcing institutional confidence in the token. The circulating supply stands at 139,187,108.97 BNB, providing a baseline to assess demand-driven liquidity changes.

Key technical supports are situated at $829.59 and $730.01, levels that may come into play if selling pressure intensifies.

Implications

The elevated RSI reading suggests increased near-term volatility, making disciplined risk management essential—particularly for margin traders. The high spot market liquidity enables efficient execution for larger institutional trades, supporting further professional adoption.

Franklin Templeton’s integration of BNB may pave the way for new financial products and stimulate additional demand from corporate treasuries. From a technical perspective, a sustained break above $944.95 could open the door to further gains, while a rejection may see BNB retreat toward the $829–$730 support zone.

In summary, BNB stands at a critical technical juncture, with strengthening institutional adoption providing fundamental support. Traders are now watching closely to see if the token can maintain momentum above the $945 level.

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