BNB price eyes $734 after reclaiming $700 support

BNB price traded near $704 on Aug. 24 after gaining almost 16% in seven days, as momentum from the broader crypto rally and the upcoming Pasteur hard fork kept buyers in control. Summary BNB price rose about 16% over seven days and reached a weekly high near $725. The daily RSI reached 85.25, placing the token deep in overbought territory. A 4-hour Supertrend signal remained bullish, with dynamic support at $663. Liquidation clusters at $710 and $719 could attract price if BNB continues higher. BNB price action today According to data from crypto.news, BNB (BNB) price was trading near $704 at the time of writing, up about 1% over the previous 24 hours. The token had gained almost 16% over seven days, lifting its market capitalization to approximately $93 billion. The rally accelerated after BNB broke out of the $600–$620 range that had restricted price action during the first half of August. Buyers pushed the token through $650 on Aug. 20 before it briefly climbed above $720 over the weekend. BNB reached a weekly high near $725 before profit-taking pulled the price back below $690. Buyers absorbed the decline, however, and the token returned above the psychological $700 mark on Aug...