Binance Coin (BNB) Daily Technical Analysis — Key Levels at ~$852
BNB is trading around $852, holding steady after dipping intraday to approximately $841.6 and bouncing back from that support.
General Technical Consensus:
📊 TradingView shows a Neutral sentiment on the daily chart.
📈 Investing.com rates BNB as Buy on weekly and monthly charts, but Neutral on the daily.
➡️ Overall: Mixed, leaning slightly bullish medium‑term.
Momentum & Indicators:
🔎 RSI (~53) is neutral, while MACD shows early bullish crossover supported by rising open interest near $875—suggesting mounting upside pressure.
📈 Price is holding above the 200-day SMA ($674), although it's below the short-term 7-day SMA ($858)—reflecting recent retracement.
✨ Trading inside an upward channel with higher lows above ~$832—indicating bullish continuation if support holds.
Support & Resistance Levels:
🛡️ Supports: $852 → $844 → $835
⚡ Pivot Zone: ~$852
🚀 Resistances: $875 → $900 (psychological) → $925–$930
Trading Outlook:
✅ Bullish case: A clean, volume-backed daily close above $875 could propel BNB toward $900 and beyond, maybe testing $925–$930. � � �
⚠️ Bearish case: Falling back below $852 risks a pullback to $844–$835.
Bottom Line:
🔥 Binance Coin (BNB) sits at a technical crossroads. Maintaining support above $852, especially with rising open interest, sets the stage for a breakout to $900+. A breakdown below that level risks a deeper retracement. Confirmation here is key.
