Key Insights:
- BNB prints bullish MACD crossover as price rebounds from $830 after recent downward pressure.
- Price holds inside $825.8–$843.2 demand zone, with $868.1 marked as next resistance level.
- Weekly chart confirms support flip from 2021 high, keeping long-term structure intact for now.
BNB has printed a bullish crossover on the MACD indicator using the 1-hour timeframe. The MACD line has crossed above the signal line, and the histogram has moved into positive territory. This pattern often appears when downward pressure starts to lose strength.
Following a recent decline from near $900 to around $830, the price has moved back up. At the time of writing, BNB is trading at $850.18. This shift in the indicator comes after a period of selling and may point to a possible change in short-term direction.
Price Sitting Inside a High-Interest Zone
At the same time, BNB was trading within a known order block between $825.8 and $843.2. This area has been active in the past and is now acting as a zone where buyers are expected to step in. Price has been holding within this range after the recent drop, showing some signs of defense.
If this zone continues to hold, short-term structure may begin to change. The next key level is $868.1, which marks a low-volume area where price could face resistance. Moving above this point would depend on whether buyer activity continues to grow.
A comment from one market watcher noted, “This is a zone to observe, not chase,” reflecting a cautious view that price action should confirm strength before new entries are considered.
Long-Term Support Line Still Active
On the weekly chart, BNB remains above a long-term support band. This level acted as resistance in 2021 and early 2022. It was later broken in 2024 and has since been retested multiple times. The current price is sitting just above this level, showing that the structure has not failed.
So far, the price has respected the trendline each time it returned to it. If this continues, the longer-term uptrend remains valid.
Analyst Aman posted,
“As long as this zone holds, the path to new ATHs stays wide open.”
Key Levels to Monitor Next
The market is watching how BNB performs around the $850 level and above. A move through $868–$870 with strong volume may create room for more upside in the short term. On the downside, if price drops below $825, the next support is unclear based on recent activity.
At this stage, volume, structure, and price reaction are the main signals to track. The next sessions may give clearer signs of whether the bounce has strength or is only short-lived.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Source: https://coincu.com/analysis/macd-cross-saves-bnb-from-breakdown/