$BNB Here is a comprehensive analysis of Binance Coin (BNB) as of August 9, 2025:
Technical Situation of BNB Price – August 9, 2025
Trading stabilized around the levels of $776, after a brief rise earlier today to about $778, followed by a slight decline when facing strong resistance ([turn0search7]).
On the weekly chart, a Bullish Engulfing pattern has emerged, indicating positive momentum that may support a rebound towards the levels of $809 (the previous peak) ([turn0search2]).
Technical Indicators
The daily moving average (200-EMA) remains bullish, reflecting the continuation of the long-term positive trend for BNB ([turn0search1]).
The RSI indicator is within the neutral zone (30-70), indicating a technical environment accompanied by moderate momentum without clear signs of overbought or oversold conditions ([turn0search1]).
Key Support and Resistance
Immediate resistance: around $778–780, where the morning rise ended ([turn0search7]).
Stronger support: in the range of $743–750, which is a level tested previously and represents a potential rebound base ([turn0search2], [turn0search9]).
Influential Fundamental Contexts
Institutional buying (such as Windtree and Nano Labs) continues on BNB, especially after reaching an ATH of $809, which increases expectations for further upside if the current resistance is overcome ([turn0search9]).
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