#WEFDavos2026 #TrumpCancelsEUTariffThreat
The 4-hour and Daily charts show a shift from "indecision" to "active defense":
Current Price Action: BNB is trading at approximately $879.83, down roughly 1.20% in the last 24 hours. The price recently broke below the psychological $900 level, which has now flipped into a short-term resistance zone.
Candle Formations:
The Bearish Breakdown: A series of Three Outside Down patterns on the 1-hour and 15-minute charts earlier today confirmed that sell-side liquidity was being hunted.
The Hammer Attempt: We are starting to see small Bullish Hammers forming on the 1-hour timeframe near $875, suggesting that buyers are stepping in at the local support.
Key Levels to Watch:
Immediate Support: $872.00. This aligns with the 200-day EMA and is the "must-hold" line for the current trend.
Critical Resistance: $904.57. Reclaiming this level (which currently aligns with the EMA20) is essential to neutralize the bearish momentum.
Catalyst Status Impact on BNB
Macro Environment Risk-Off Trade tensions and tariff headlines are temporarily diverting capital to Gold.
Network Upgrades Post-Fermi Fork Enhanced speed (0.45s blocks) continues to drive high on-chain activity.
Ecosystem News Mixed Strategic funding for AI projects (like Lazbubu) is a plus, but a minor exploit on the Four.Meme launchpad has added local sell pressure.
BTC Correlation High (0.85+) BNB is tightly tracking Bitcoin's struggle to stay above $89,000.
Short-Term Tactical Outlook
The "Best" move for the next 24–48 hours is to watch the $872 support.
Bearish Scenario: A decisive close below $872 could trigger a "capitulation wick" toward $851.
Bullish Scenario: If BTC stabilizes, BNB’s high correlation suggests a rapid retest of $905.