BNB – Market Update, January 29, 2026
Over the past 24 hours, Binance Coin (BNB) has risen by 0.45%, reflecting a mild rebound from the previous day. On a 7-day basis, BNB is up around 1.69%, and over the past 30 days it has gained 5.78%, indicating a steady upward pace in the medium term. The price remains below its all-time high but is currently moving within a balanced range.
Technical analysis suggests that price momentum has yet to form a strong directional trend. Buying pressure is slightly stronger than selling pressure, but not enough to trigger a breakout. The nearest short-term resistance stands at USD 911.26; a move above this level could open the door to a modest further rise. The nearest support is around USD 896.24, and a break below this level could increase downside pressure.
Investor sentiment remains relatively cautious. Price action is confined to a narrow trading range, with no major volatility. This reflects a market that is balanced between buyers and sellers rather than one driven by a clear trend.
Overall, BNB is in a consolidation phase, with limited price movement and no strong breakout signals. Holding above key technical support levels will be crucial for any attempt to move toward higher resistance levels in the short term.
