$BNB
Price action: $BNB has been trading under pressure around the mid-$800s, pulling back from recent highs and showing weakness in the short term as broader crypto markets cool. Near-term momentum appears bearish with lower highs and mixed signals.
Current range: Analysts note $BNB is oscillating in a neutral to slightly bearish channel, with support around $815–$840 and resistance near $928–$950. A break above resistance could spark a bounce, while a failure to hold support might lead to deeper retracement.
Short-term technicals:
RSI and MACD suggest bearish to neutral momentum, hinting the recent sell-off has slowed but not reversed.
Some chart analysts point to consolidation in a narrow range before a clearer trend emerges.
Bullish setup: Technical observers see a potential bullish demand zone (order block) near $840–$860 with confluence from key retracement levels — which could act as a pivot for upside if buying interest returns.
🎯 Bullish vs. Bearish Scenarios
Bullish case:
Break above $928–$950 resistance could open the path to $950–$1,050+ targets in the next few weeks (medium-term view).
Improved volume and momentum indicators (MACD upturn, RSI > 50) would strengthen the bullish thesis.
Bearish case:
Failure to hold support around $815–$840 could lead to further downside pressure and retest of lower support zones.
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