Quick summary
$BNB is in a convergence phase after a rebound, the price is currently below short and medium MA but above long MA — short-term structure slightly leans towards side-down. RSI has not reached the oversold area, volume tends to be sideways → feasible scenario: either bounce back if breaking resistance, or test the strong support area ~830 if sell pressure appears. Psychological burden revolves around large capital flows and regulatory/compliance pressures related to the ecosystem.
Technical analysis
Current price: ~869.9 USDT (1H); MA7 ≈ 872.7 / MA25 ≈ 871.8 / MA99 ≈ 860.4 — short/medium MA above the price, long MA below → slight bearish short-term bias but still in an accumulation zone.
RSI (6): ≈ 39 — not oversold, room for both a decline or a pullback.
Nearby support: 830.38 (important protective area) → secondary support ~818–815. If the 830 area holds, it is a buy zone to explore.
Resistance: 886–892 (MA area/recent range), 900.7 (previous swing high).
Market structure & volume
Trading volume is maintaining average levels — no signs of strong panic buying/selling on the 1H frame. However, large capital flows and recent stablecoin inflows/exchange flows may create sudden fluctuations; pay attention to liquidity movements and large wallet movements.
Trading strategy
Entry (scale-in):
Plan A (watching for breakout): Buy when the price breaks and closes 1H above the 892–900 area with supporting volume (scale-in 30/30/40).
Plan B (watching support): Buy to explore the 840–852 area (split into 2–3 times), add if holding 830.
Stop-loss:
Plan A: Stop-loss if it returns below 872 (clear 1H candle close).
Plan B: Stop-loss set at 815 (if it breaks 815, consider it a breakdown).
Take-profit: TP1 900 — TP2 975 (gradually take profit at resistance and psychological levels). If a strong breakout occurs with volume, TP2 can be adjusted upwards based on momentum but must manage the order tightly.
Order management: gradually take profit at TP1, move stop-loss to breakeven when reaching TP1; if breakout occurs with high volume, increase the profit-taking ratio according to the next resistance level. If the price breaks below 815 with increased volume, pause additional buying.
Overall assessment
Bullish scenario: hold above MA99 and break 892–900 with volume → continue uptrend towards the 950–1,000 area in the momentum scenario.
Bearish scenario: break below 830–815 with volume → extend downward to lower areas, caution is needed as large capital may drive selling. Main risks stem from liquidity fluctuations and news related to regulations/compliance around the Binance ecosystem.