$BNB Technical Update
BNB is currently trading around $850, moving sideways after a strong impulsive rally. Price action shows clear consolidation, suggesting the market is pausing before its next major move.
Key Levels to Watch:
Support: $845–840
Major Support: $825–830
Resistance: $865–870
Psychological Resistance: $900
Volume Insight: Volume spiked during the previous sharp move, but has since dried up, indicating uncertainty and reduced participation. This kind of low-volume consolidation often precedes a high-volatility breakout.
Market Outlook:-
Holding above $840 keeps the structure neutral to bullish.A confirmed break above $870 could open the path toward $900+.And
a breakdown below $840 may trigger a deeper pullback toward $825–800.
⚠️ Trade Smart, Rangebound markets can produce false breakouts. Patience and confirmation are key.
Not financial advice. Always manage risk.