$BNB
recently pulled back to $838 before recovering toward the $846–$850 zone. Buyers are attempting to keep price above the $843 (MA25) level, while short-term support from $840 (MA99) is holding well.
Momentum remains cautious since the pair failed to extend gains beyond the $856 high earlier. However, holding above $842 strengthens the case for another push upward.
If BNB reclaims $850 and sustains above it, upside targets are $855 and then $860. A breakout beyond $860 would confirm bullish continuation toward $870+.
On the downside, failure to hold $842–$840 could see a retest of $835, and deeper weakness might expose the $830 support area.
Trade Setup (Range-to-Long bias)
Entry Zone: $842 – $846
Targets: $850 – $855 – $860
Stop Loss: $838
Risk Note: BNB is trading in a narrow consolidation range with moving averages converging. A breakout is likely soon, so scaling in with tight risk management is safer than chasing sudden moves.