$BNB /USDT Trading Update: Bearish Pressure Mounts as Price Breaks Below Key Moving Averages
Current Price: $889.05 | 24h Change: -0.36%
24h Range:$884.12 - $904.22 | 24h Volume: 102,531.89 BNB ($91.71M USDT)
BNB is under selling pressure, trading down 0.36% and hovering near the 24-hour low of $884.12. The price has broken below critical short-term moving averages: MA(7) at $890.26 and MA(25) at $892.99, signaling weakening momentum. The $883.39 level is now a crucial short-term support zone to watch. A sustained break below could trigger a deeper sell-off towards the $884.12 low. Immediate resistance sits at the MA(7) level ($890.26), with stronger resistance at the daily high of $904.22. The depth chart suggests liquidity is building below the current price.
BNB
888
-0.31%
