BNB Must Reclaim Lost Trendline to Regain Bullish Momentum Toward $1,020 Level

Key Insights:

• BNB falls below key trendline and 9EMA, shifting short-term market bias to bearish.
• Analysts eye $860–$850 as next support zone if BNB fails to reclaim the lost trendline.
• Recovery above trendline could push BNB toward $1,020, but strong volume is still required.

BNB recently dropped below a key support trendline on the 4-hour chart, raising concerns among short-term traders. The price of BNB is now trading at $895.23, showing a 2.49% rise over the past 24 hours. BNB 24-hours trading volume sits at over $1.4 billion, suggesting continued interest from traders.

Breakdown of Key Support Indicates Weaker Momentum

BNB’s recent move below its trendline support on the 4-hour timeframe has drawn attention. This level had held firm for several sessions, acting as a defense for bullish traders. According to Alpha Crypto Signal, “$BNB just lost its trendline support on the 4H, and that’s the key structure the bulls were defending for days.”

This move also pushed BNB under the 9EMA, which often guides short-term trend direction. With the price now under both the trendline and moving average, the market may see more pressure to the downside. Unless BNB reclaims the lost support soon, traders may view this as a shift toward a bearish phase.

Downside Targets Set at $860 to $850 Zone

Market analysts have identified a potential drop zone between $860 and $850 if BNB remains under the trendline. This level is being watched as the next likely support if recovery fails.

Traders are using this zone to plan entries or exits, depending on how the price reacts. A bounce from this area could signal temporary relief, while a break below may push the price further down in the near term. 

Despite the recent weakness, traders still see potential for a push higher if BNB quickly regains the trendline toward $1,000. 

Potential upside still in sight if momentum shifts

Moreover, Ruslan Khairullin highlighted that the recent BNB scalp “gave a clean bag,” although the breakout setup did not fully play out. He also added that he still expects BNB to push slightly above $1,000 in the near term.

To reach levels near $1,020, BNB must close multiple candles above the broken diagonal. A strong recovery above the trendline could restore bullish confidence and bring back upward momentum.

Crypto analyst Ruslan Khairullin noted, “I marked the ideal price path on the chart, still expecting BNB to push a bit over $1000.” The $1,020 level remains a target, but only if the price reclaims lost levels. Volume and momentum need to return for this scenario to develop. Until then, many are waiting to see how the price reacts around the broken trendline.