$BNB is trading around ~$860–$870, showing modest short-term weakness after a recent surge. Price is below major moving averages, indicating short-term bearish technical bias unless bulls reclaim resistance.
📈 Bullish Factors
Strong Support & Trend: $BNB has historically held key support levels near $1,100 and shown resilience after major crypto downturns, supported by its deflationary burn mechanism and ecosystem
📉 Bearish / Risk Signals
Technical Weakness: Multiple technical indicators show short-term bearish signals with low buy ratings and the price below key EMAs.
Resistance Levels: Immediate resistance must flip into support to confirm a sustained uptrend. Failure could push BNB down towards lower support around ~$800.
📌 Summary
Short-term: Neutral to slightly bearish unless BNB regains above near resistance levels.
Medium-term: Bullish potential remains if fundamentals and on-chain demand accelerate.
Key Price Zones to Watch: Support ~$800–$860, Resistance ~$1,100–$1,150.
#WriteToEarnUpgrade #USJobsData #TrumpTariffs #BinanceBlockchainWeek #CryptoRally