$BNB
Current Price & Market Data
• BNB/USDT price today: approximately $887 – $888 USDT per BNB, with a recent 24-hour range between about $864 and $892. BNB’s market cap is strong and it’s currently ranked around #4 among cryptocurrencies.
📉 Short-Term Price Action
• BNB has seen some downward pressure recently, failing to break above the main resistance near ~$900. Price was drifting lower and showing bearish continuation setups on short-term charts.
• There’s also been an intraday correction reported around –4%, suggesting local sellers testing support zones before any bounce.
📊 Technical Levels to Watch
Support: ~$865 – $880 area is key right now — holds here could lead to short-term stabilization.
Resistance: ~$900 – $920+ must be cleared for bulls to return in force.
📈 Longer-Term Notes
• Analysts see some potential upside if BNB reclaims key moving averages and breaks resistance; targets around ~$950-$1,020 have been mentioned in broader forecasts.
• Tokenomics continue to tighten thanks to quarterly burns (recently ~1.37M BNB removed), which can add structural support over time.
⚠️ Summary
BNB is currently in a consolidation and slight bearish phase near $880-$890. For a bullish continuation, price needs to break above the ~$900 area. Support around the current range is important — a break below could lead to further short-term weakness. Price action remains volatile typical for crypto. This is informational and not financial advice.