$BNB is currently trading around $900.58 USDT, showing a solid recovery after dipping into the major horizontal support zone at $840–$860, a level that has been defended multiple times.
Technical Breakdown (4H)
Price swept liquidity below support with a clean lower wick
Strong rejection confirmed buyer presence
Structure has shifted back to higher lows
Short-term downtrend line is breaking
Volume is expanding on the bounce exactly what bulls want to see
The previously projected upside scenario is playing out cleanly.
Key Levels to Watch
Support zone: $840–$860 (multi-week pivot, strong demand)
Reversal confirmation: $910–$920 close with volume
Upside targets: $950–$980
Invalidation: Acceptance below $860 → likely retest $840
Deeper support: $800–$820 (last major defense)
Market Context
A strong close above $910–$920 with volume would confirm the reversal and open a fast move toward $950–$980. Failure to hold above $860 would invalidate the bounce.
Fundamentals Still Support the Move
Binance Coin (BNB) powers the largest exchange ecosystem globally:
Trading fee discounts
Launchpool & staking rewards
Quarterly token burns
Expanding BNB Chain TVL and ecosystem growth
This move looks like post-dip accumulation, not distribution. If volume continues to support price, BNB could carry strength well into 2026.
Plan the trade. Let price confirm.
NFA | DYOR
#bnb #Binance #TrendingTopic $ASTER $CAKE
