BNB is currently trading around $BNB 871, showing a short-term correction after reaching a recent high near $BNB 959. On the daily chart, price is trading below the 7-day and 25-day moving averages, which indicates temporary bearish pressure.
Despite the pullback, BNB is still holding above an important support zone around $BNB 850, suggesting that sellers are losing strength. Volume has decreased during the drop, which often signals that this move is a healthy correction, not a trend reversal.
If BNB holds above support, a relief bounce toward $900–$920 is possible. However, a daily close below $850 could open the door for further downside.
Key Levels to Watch:
Support: $850 – $860
Resistance: $900 – $920
📌 Overall, BNB remains strong in the higher timeframe, but traders should wait for confirmation before entering new positions.
