Can BNB reach $2,300? On-chain data says there’s a way

BNB is making moves again. On the technical side, this wave has formed a “Break of Structure,” and historically, this signal is often followed by a 242% surge. Currently, the price is seeking support around $700, with both MACD and RSI showing signs of a rebound.

The key level to watch is $985-$990. If BNB can hold above this range, the long-term bullish trend is basically confirmed. Once it breaks through, analysts expect it could push toward $2,300, setting a new all-time high.

There have also been quite a few positive developments recently—Moomoo has opened BNB trading in the US and Singapore, which will boost liquidity and retail participation. But for now, it’s still an observation period; we need to see if this rebound can hold steady.