BNB Range-Bound Movement Below The $1,160 Threshold

Binance coin price analysis by Coinidol.com: the BNB price is declining, although it remains above the $1,000 support and below the $1,200 resistance.

BNB price long-term prediction: bearish

The cryptocurrency has twice reached a high of $1,355 before being rejected. Since October 17, the price has been confined between the moving average lines. The altcoin will trend if either the 21-day SMA resistance or the 50-day SMA support is breached.

Today, the price is approaching the 21-day SMA resistance. If the 21-day SMA is broken, the price will return to its previous high of $1,355. However, if BNB loses the 50-day SMA support, it will fall towards the $891 support. BNB is currently trading at $1,126.

BNB indicator reading

The 21-day SMA resistance and the 50-day SMA support have limited price movement. The rising slope of the moving average lines indicates a previous uptrend. On the 4-hour chart, the price bars are above the horizontal moving average. Price movement has remained steady due to the presence of Doji candlesticks.

BNB/USD daily chart - September 26, 2025

What is the next direction for BNB/USD?

BNB remains in a sideways trend, above the $1,040 support but below the $1,160 resistance. Today, the price is rising towards $1,160. The latest peak previously resisted upward movement. The signal remains range-bound as the price is situated between the moving average lines on the daily chart.

BNB/USD 4-hour chart - September 26, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.