$BNB BNB currency shows positive signals as a general trend supported by technical analysis and levels of support and resistance. However, it is undergoing a correction or a temporary sideways movement. The price needs to break through resistance or maintain its supports to confirm the upward momentum.

According to Binance analysis (4-hour time frame chart), the 50-day moving average is upward, and the 200-day moving average has been upward since July 10, indicating a general upward trend. On the daily and weekly frames, the price is supported by moving averages, which reinforces the positive momentum.