Significance of 700 USD resistance: The 700 USD resistance level is a crucial turning point for Binance Coin. Historically, resistance levels have often acted as launch pads for robust market recoveries. As BNB nears the 700 USD mark, it draws significant attention from investors and traders alike. Long-term forecasts indicate that a breakout could unlock further price increases, sustaining market interest.

Upswing thanks to strong support: BNB maintains its upward momentum due to strong support levels established during market corrections. The clear long-term support line on the chart has provided a solid foundation for the stable growth of BNB. Additionally, former resistance levels have now turned into support zones, increasing the stability and resilience of BNB in upholding its upward trend.

Positive long-term prospects: If BNB surpasses the 700 USD level, this will bolster market outlook, with support levels continuing to provide stability against potential downturns. In previous price surge scenarios, BNB has shown significant price recovery. A similar scenario could result in an increase up to 3,355 USD, offering considerable profit potential for investors.