Binance Coin (BNB): A Moment of Tight Balance – Are We Going Down or Breaking Out Up? 🧭
$BNB , the central token of the Binance ecosystem, is currently hovering around $800, which serves as critical resistance. The price remains within a long-term uptrend channel, but remains tightly consolidated.
Current Price: ~$800.30 (–3.38%)
Daily High: ~$829 | Low: ~$797
Technical Indicators (RSI, MACD, EMA): trending towards a weak bullish signal, but no momentum yet
Channel: support $790–$800, resistance $800–$810; long-term potential up to ~983USDT
📉 Short option:
Entry: $799–$803
TP1: $780 • TP2: $750
SL: above $810
📈 Long option:
Breakout above $805–$810 with confirming volume
TP1: $850 • TP2: $900–$930
Trend is still waiting for direction—risk/reward setup for both variants. Watch volumes and indicator confirmations.
💬 What do you think: is BNB short now? Or will it continue to rise?
