🚀 BNB Technical Outlook | Daily Chart Analysis
#bnb is currently trading around $934, showing tight consolidation near a key resistance zone. Price action suggests the market is preparing for a potential breakout or pullback, depending on volume confirmation.
📊 Key Levels to Watch
Resistance: $920 – $930
Immediate Support: $880 (200-Day MA)
Strong Demand Zone: $790 – $820
📈 Technical Signals
Price is holding above the 50-Day MA (~$910) → short-term bullish bias
200-Day MA (~$880) remains a critical level for trend validation
RSI is neutral → room for upside without being overbought
🔍 Market Insight
A daily close above $930 could open the door toward $1,050+.
Failure to hold $880 may trigger a deeper retracement toward the $800 support zone.
⚠️ Always manage risk and watch for volume confirmation before entering trades and do your own research.