The bullish scenario for BNB has been invalidated as the altcoin has fallen below the moving average lines and its current support level of $860.
Since January 25, the cryptocurrency has traded above the $860 support but below the moving average lines. On January 26, buyers pushed the price above the 50-day SMA, closing above it. The price continued to rise, but was halted by the 21-day SMA barrier or resistance at $900. BNB was rejected at its recent peak and dropped to a low of $832.
However, if the market reaches its critical support level of $820, the bearish trend may pause. Since November 21, 2025, BNB has reversed each time it has retested the critical support at $820. Conversely, BNB will reverse when it reaches its previous low of $791.
Resistance Levels – $1,000, $1,050, $1,200
Support Levels – $900, $850, $800
BNB price bars are all below the 21-day and 50-day moving average lines but are on an upward slope, indicating the previous upswing. The price bars have slipped below the downward-sloping moving average lines on the 4-hour chart. Doji candlesticks characterise the BNB price, slowing its movement.
BNB is falling below the moving average lines as it approaches its critical support at $820. On the 4-hour chart, the cryptocurrency has held above the $830 support level. The extended candlestick tails at the $830 support level indicate strong buying pressure at lower price levels. Meanwhile, the crypto signal is negative, with the altcoin trading in the bearish trend zone.

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.
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