๐ฅ$BNB Price Action Update ๐ฅ
๐ Current Price: $837.40 (down -2.46% today)
๐น 24h Range: $861.87 โ $825.00
๐ Strong yearly gain: +54.6%
๐ข Trend Analysis:
BNB recently touched $869.40 but faced selling pressure.
Price is still trading above key supports at $782 & $733, showing strength in the mid-term.
Moving Averages:
MA(7) = $840 (near resistance, slight rejection today)
MA(25) = $801 (acting as strong support)
MA(99) = $703 (long-term bullish structure intact)
โ ๏ธ Short-term: Pullback due to profit-taking after the strong rally.
๐ Mid-term: As long as BNB holds above $800, bulls remain in control.
๐ฏ Next resistance zone: $870 โ $880. A breakout above this could push towards $900+.
๐ก Conclusion:
BNB is consolidating after a strong run-up. Dips near $800โ820 look like good accumulation zones before the next bullish leg. Long-term trend = still bullish โ