The article discusses the possibility of a breakout rally for Binance Coin (BNB), with the potential for the price to surpass $800 and reach a new all-time high. The market cap of altcoins, excluding Bitcoin and Ethereum, has been on the rise, and BNB has seen consistent gains over the past seven days. Technical analysis suggests that BNB is forming an inverted head and shoulders pattern, indicating potential upside, and key indicators are providing a buy signal. The immediate resistance levels for BNB are at $757 and $795, with a potential upside target of $840. The key support level for BNB is at $705.
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