**BNB Current Position Analysis

BNB is currently trading around $840-$850

Current Situation:

- Price pressing lower band around $830 with -bitcoin-steadies-near-89000-as-gold-hits-record-on-december-22-2312/)

- Down 38% from all-time high of $1,370

- Trading below 200-day moving average, signaling bearish bias

Key Levels:

- Support: $830-$800

- Resistance: $870-$900

Technical Setup:

-why-btc-price-is-rallying-and-forecasts-for-2025-2030/) . RSI around 51-63 range showing mixed signals

- Bulls bounced off $800 level but overhead supply remains near $1,100-$1,200

Outlook:

Short-term range $800-$870. Break below $800 targets $790s. Reclaim $900+ needed for bullish reversal toward $1,000. Holiday thin liquidity amplifying moves.$BNB