BNB price tightens below resistance amid volatility squeeze

BNB price is moving sideways just below resistance, with tightening price action hinting that a sharp move may be close.

BNB was trading at $910 at press time, up 0.8% over the past 24 hours, as the price continued to compress beneath a well-defined resistance area. Over the last seven days, BNB has moved within a narrow $879 to $920 range, reflecting declining volatility and a market waiting for direction.

Despite modest gains of 0.3% on the day and 1.9% over the past month, BNB (BNB) remains around 33% below its $1,369 all-time high set in October. 

As price action continues to tighten, trading activity has slightly increased. The 24-hour volume of BNB rose by 11% to $1.45 billion. Derivatives data from CoinGlass shows a similar tone. Futures volume increased 11% to $1.66 billion, while open interest edged up by 3% to $1.53 billion. 

This mix likely suggests that traders are actively repositioning rather than assuming significant leverage.

Fundamentals continue to support price

Beyond short-term price swings, BNB is still supported by a number of long-term factors. With over 200 million BNB permanently removed from circulation, its deflationary model plays a significant role in gradually reducing the available supply. 

BNB Chain’s infrastructure roadmap for 2026 is focused on significant performance improvements. Among these are improved execution during spikes in network activity, faster block times, and reduced transaction costs during congestion.

Some upgrades are already operational, while others are being implemented. When taken as a whole, these dynamics explain why severe pullbacks have found it difficult to gain traction in recent months.

BNB price technical analysis

BNB is trading in a tightening range below the $940–$950 resistance zone, where repeated attempts at upside have been met by consistent supply. Due to its overlap with past swing highs and longer-term moving averages, this resistance zone is quite significant. 

The Bollinger Bands narrowing indicates a period of lower volatility, which usually precedes a larger move. Despite the current consolidation, the overall setup is tilted to the upside as the price action continues to post higher lows while tracking an ascending trendline that formed near $830.

A balanced outlook is shown by momentum indicators. At 60, the relative strength index shows consistent strength without being overbought. The Awesome Oscillator, MACD, and Momentum are all in positive territory.

While the 200-day average near $880 stands out as a crucial downside level, short-term moving averages from the 10-day through the 50-day remain supportive. On the upside, upward movement is still constrained by the 100-day simple moving average, which is close to $964. 

A sustained daily close above $950 would likely shift the structure in favor of continuation, opening the door toward the $1,000 psychological level if participation follows. On the other hand, a rejection followed by a loss of $900 would bring the $880 support zone back into focus, where buyers have previously stepped in.