$BNB /USDT is $890.93. In trading, support and resistance levels are key technical indicators used to predict price movement.
Support is the price level where buying interest is strong enough to prevent the price from falling further. For BNB, a support level could be around $870–$880, where buyers historically step in. If the price drops to this level, it may bounce back as demand increases.
Resistance is the price level where selling pressure outweighs buying, preventing further upward movement. For BNB, a resistance level might be near $910–$920, where sellers tend to take profits, potentially causing the price to stall or reverse.
Traders use these levels to plan entries and exits: buying near support and selling near resistance. Breakouts above resistance or below support can signal strong momentum and potential trend continuation.
