$BNB Coin (Binance Coin) โ Short Analysis
๐ง Market Overview
BNB is one of the largest cryptocurrencies and the native token of Binance ecosystem. It is widely used for trading fees, DeFi, staking, and $BNB Chain applications.
๐ Technical Outlook
Current market structure shows mixed to slightly bearish trend on shorter timeframes, while long-term structure remains strong. ๏ฟฝ
CoinLore
RSI is mostly in the neutral zone, meaning no extreme overbought or oversold condition. ๏ฟฝ
CoinCheckup
Key support levels are around $868 โ $820, while resistance lies near $916 โ $964. ๏ฟฝ
CoinCheckup
Some technical models still rate BNB as โSELLโ short-term due to bearish momentum.
Timeframe: Daily (BNB/USDT)
Price Movement:
Resistance zone: 916 โ 964 USD
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๐ฏ๏ธ๐ฏ๏ธ๐ฏ๏ธ (Selling pressure)
๐ฏ๏ธ
Support zone: 868 โ 820 USD
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