is currently trading around 817 USD. The price recently dropped from highs near 840 USD, showing some short-term weakness.
Support Levels:
The first support is around 815 USD. If this level holds, BNB could stabilize and see a bounce.
A stronger support lies near 800 USD. Breaking below this could push the price lower toward 780 USD.
Resistance Levels:
The first resistance is around 840 USD. A move above this level could open the path toward 870 USD.
Further resistance is near 890 USD. If BNB surpasses this, a bullish trend may continue.
Trend and Momentum:
Short-term momentum is slightly bearish after the recent dip.
Indicators suggest the coin is approaching an oversold area, which could attract buyers soon.
Potential Scenarios:
Bullish: If BNB holds above 815 USD and breaks 840 USD, we may see a rally toward 870–890 USD.
Bearish: If support at 815 USD fails, the price may drop toward 800–780 USD.
Summary:
BNB is at a key point where it could either stabilize and bounce or continue downward if selling pressure increases. Traders should watch support at 815 USD and resistance at 840–890 USD for short-term direction.
