BNB Price Holds $900 Support as Meme Tokens Show Signs of Recovery

Binance Coin is regaining bullish momentum as it retests a key breakout level near $900. Analysts BATMAN and 0xBossman highlight strong technical support, rising meme coin activity, and renewed investor confidence.

With the altcoin trading around $949, holding above $940 could trigger another rally toward $970 and the $1,000 psychological resistance.

BNB Maintains Key Support After Retest of Former Resistance

Binance Coin continues to trade steadily above its $900 support level after retesting a long-term trendline that previously acted as resistance. According to analyst BATMAN, the asset broke out of a prolonged bearish trendline in September and has since returned to that same structure, now functioning as a support zone. The move marks a technical shift that often signals stability and renewed strength in an asset’s market structure.

BNBUSDT Chart | Source:x

The analyst noted that the strong reaction following the market-wide selloff on October 10 reaffirmed the support’s reliability. Buyers absorbed the sharp decline efficiently, suggesting an accumulation phase near the lower range of the ascending channel. With price stability returning around the $900 region, its chart structure indicates that the next upward move could occur if this support continues to hold.

Analysts Observe Bullish Setup on Meme Tokens

In a related update, analyst 0xBossman observed a recovery pattern among the based meme tokens. Several meme assets operating within the Binance ecosystem are now breaking or approaching descending resistance trendlines on the 4-hour timeframe. This pattern reflects weakening selling pressure and growing buyer interest across multiple tokens.

BNB Chart | Source:x

The analyst noted that meme coins such as HAJIMI and 币安人生 are forming higher lows, a technical signal often associated with a potential reversal. This structural behavior suggests traders are re-entering the market as volatility compresses. The coordinated movements across several tokens indicate the possibility of synchronized activity among Binance Coin-linked assets rather than isolated recoveries.

Sector-Wide Momentum Builds Across Binance Coin Ecosystem

The collective strength of the related meme tokens has sparked renewed market interest within the ecosystem. The convergence of similar chart structures across multiple meme assets suggests that momentum could extend if overall market conditions remain favorable. Analysts view this phase as a re-engagement period, where increased activity may lead to short-term rallies if price levels break cleanly above descending resistance zones.

For these meme tokens, volume remains a key factor to confirm sustainable upside moves. Analysts point to the need for consistent buy-side demand to maintain higher price levels and transition from short-term gains to longer-term stability. A confirmed breakout across multiple meme coins could strengthen confidence in its ecosystem as traders diversify exposure to emerging assets linked to the network.

The Altcoin Trading Volume Rises as Price Consolidates Near $950

The asset has gained 4.16% over the past 24 hours, trading near $949.98 with a market capitalization of $130.9 billion. The trading volume has increased to $2.44 billion, reflecting renewed participation from institutional and retail traders following the recent correction. The price recovered from the $920 level earlier in the week, showing resilience as buyers defended the key support zone.

BNBUSD 24-Hr Chart | Source: BraveNewCoin

Over the past 24 hours, the token reached a short-term peak of $955 before minor profit-taking led to a slight retracement. Despite the pullback, the formation of higher lows signals continued bullish momentum. Maintaining price action above $940 could allow it to test the $970 resistance area in the near term.

The overall structure suggests that confidence is returning to the market after the October decline. Sustained trading activity above the $2 billion threshold reinforces the view that buyers remain active. As long as the token holds above its current support zone, traders expect the trend to stay upward, with the $1,000 level acting as the next target of interest for market participants.