$BNB
Facing Heavy Volatility at Key Support
$BNB is trading around $840.9, sitting on a critical support zone after a sharp rejection from the $850 intraday high. Price action remains tense as bulls and bears battle for short-term control.
On the daily chart, BNB is still trading below all major moving averages — including MA7 ($851) and MA99 ($992) — keeping the medium-term trend under pressure. The $835.6 low has acted as a temporary floor, but conviction remains weak.
📊 Market Context
24h Volume: $54M+ → hesitation and reduced participation
Sentiment: Extreme Fear
Liquidity: Thin due to holiday conditions
🔑 Key Levels
Resistance: $850 → $842
Support: $835 → $810 (major demand zone)
⚠️ Outlook Failure to reclaim and hold above $842 could open the door for a deeper pullback toward $810. Volatility remains elevated, making this a high-risk zone for both scalpers and swing traders.