BNB appears to be consolidating following its recent pullback, hovering around the $948 level. The upside recovery from that $820–$850 demand zone has shown encouraging signs, with the daily chart displaying a series of higher lows. This suggests some structural improvement in price action. Looking at resistance, the $990–$1,000 range remains the key barrier overhead. Below that, $927 is functioning as critical support. A decisive move beyond either level could signal the next directional leg for the token.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
0xSunnyDay
· 7h ago
948 has been stuck for a long time, just to see if 990 can be broken through. Only then is there hope.
View OriginalReply0
GateUser-ccc36bc5
· 7h ago
948 consolidation, waiting to break 1000 or drop to 927, these are the only two options.
View OriginalReply0
GasWaster
· 7h ago
948 this position is really a bit awkward, feeling like I can't go up or down
View OriginalReply0
UncleWhale
· 8h ago
Holding this position at 948 for so long, breaking 990 really isn't worth it.
View OriginalReply0
fomo_fighter
· 8h ago
948 at this position feels a bit awkward, like you can't go up or down.
BNB appears to be consolidating following its recent pullback, hovering around the $948 level. The upside recovery from that $820–$850 demand zone has shown encouraging signs, with the daily chart displaying a series of higher lows. This suggests some structural improvement in price action. Looking at resistance, the $990–$1,000 range remains the key barrier overhead. Below that, $927 is functioning as critical support. A decisive move beyond either level could signal the next directional leg for the token.