BNB Nears A Decision Point On The Daily Chart
BNB continues to trade under bearish pressure on the daily timeframe, but signs of slowing downside momentum are beginning to emerge. While price remains below key trend indicators, strong bid support has helped stabilize recent declines, suggesting sellers are no longer in full control.
At the same time, heavy resistance overhead continues to cap upside attempts, keeping rallies corrective rather than impulsive. This balance between firm support and dense supply has compressed price action, setting the stage for a decisive move as traders watch for confirmation in either direction.
If buyers can absorb sell-side liquidity and reclaim key resistance zones, momentum could shift in favor of a broader recovery. Failure to hold current support, however, would reinforce the bearish structure and reopen downside risk.
