BNB is showing signs of renewed strength as it approaches a critical breakout zone. After retreating from the recent $825 high, the price is now battling resistance around $815 while maintaining a steady position above $800 and the 100-hour simple moving average (SMA).
A crucial contracting triangle has formed on the hourly BNB/USD chart, with support holding near $804. As long as the price remains above $792, bullish momentum could stay in play. The immediate challenge lies at $815, with a secondary resistance level at $820. A decisive push above $820 could pave the way toward $832, and a close above that could fuel an advance toward $840–$850 in the short term.
However, if BNB struggles to clear $815, it could face renewed selling pressure. Key downside levels to watch include $804 and $800, with $792 serving as the major support. A break below $792 could shift the market bias, potentially leading to a decline toward $780 or even $768.
From a technical standpoint, momentum still favors the bulls — the hourly MACD is gaining in the positive zone, and the Relative Strength Index (RSI) is holding above the 50 mark. With this setup, the next few sessions will be crucial in determining whether BNB can break through resistance and reclaim its upward trajectory or face another short-term correction.
If bulls prevail, we could be looking at a stronger rally in the days ahead.
