BNB is currently trading at $844.92, showing a slight upward movement of +1.14% in the past 24 hours. The day’s range has been between $828.23 (low) and $858.89 (high), indicating moderate volatility in the market.

In the 15-minute chart, BNB has recovered from a recent dip to $837.56 and is now hovering above its key moving averages:

MA(7): $843.44

MA(25): $843.32

MA(99): $843.04

The fact that the price is currently above these MAs suggests a short-term bullish momentum. However, the recent candle shows slight selling pressure, hinting at possible consolidation before the next move.

Trading volume in the last 24 hours stands at 394,865 BNB (approx. $333.8M USDT), showing healthy market activity. If buyers maintain control, we could see BNB retesting the $858.89 resistance. A break above this level might open the door towards $870+. Conversely, if selling pressure increases, the first support lies near $837, followed by $828.

Conclusion:

BNB/USDT is showing short-term bullish signs, but traders should keep an eye on resistance near $858 and support at $837. As always, manage your risk and watch for breakout confirmations before entering trades.#REVABinanceTGE #ETHOvertakesNetflix #BinanceAlphaAlert