🟡 BNB is holding around $894: what is happening on the chart?
BNB is consolidating after a local peak of $904, forming sideways movement above the key support zone of $885–890. The short MAs (7 and 25) are almost aligned, indicating a pause after the impulse, while the MA(99) below — the overall trend remains bullish. Volumes have decreased, and the MACD is approaching the neutral zone — the market is waiting for a trigger.
📌 Holding above $900 may open the way for a new peak, while losing $885 will increase the risk of a deeper correction.
👉 Are you following BNB or already trading it in this range? Share your thoughts in the comments.
BNBUSDT
Perp
883.27
-1.17%
