BNB Chain’s weekly DEX volumes surged to 17.74 billion USD, marking a three-year high. This increase indicates a strong demand for DEX transactions and supports a bullish outlook for BNB, suggesting further price increases.
BNB is currently trading at 697 USD, with key resistance at 722 USD. Analysts see the potential for a breakout towards the Fibonacci level of 823 USD if bullish momentum continues, despite caution over potential bearish trends.
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