As of January 20, 2026, **BNB** is trading around **$917 USD**, with a market cap of approximately $130-135B, holding its #4 ranking among cryptocurrencies. It has experienced mild volatility recently, down about 1% in the last 24 hours amid broader market dips, but up over 5% weekly, supported by ecosystem developments like the recent quarterly token burn (removing ~$1.27B worth) and ongoing BNB Chain upgrades
**Recent Price Action (based on daily/weekly candles):**
- BNB has been consolidating in a range of $898-$925, with recent candles showing a pullback from highs near $950, forming lower highs but holding above key supports like the 20-day EMA (~$906) and $900 zone.
- Short-term bearish pressure is evident with red candles dominating the last sessions (e.g., -2.72% on Jan 19), low volume on dips suggesting accumulation rather than distribution. RSI around 54 indicates neutral momentum, while MACD shows fading bullish histogram.
- Key observation: A break above $931 could target $1,000+, with 80% probability of upward move per some analyses; however, failure at $899 support risks a drop to $840-800. Overall, the structure remains bullish midterm, but watch for low-volume consolidation signaling potential rotation lower.
