$BNB is currently trading around 887, moving sideways after a sharp drop to 870. That low acted as a strong support, where buyers stepped in quickly, causing a bounce. Since then, price has been consolidating in a narrow range, showing indecision.
The moving averages (MA 7, 25, 99) are very close to each other, which usually signals range-bound movement rather than a strong trend. Price is slightly below the short-term MA, suggesting mild short-term weakness, but not a breakdown.
The RSI around 45 indicates neutral momentum neither overbought nor oversold. Volume is also average, meaning no strong buying or selling pressure right now.
Key levels:
Support: 870–875
Resistance: 895–905
BUY-880-877
TARGET-890-810
BNB
852.68
-3.49%
