BNB Daily Technical Analysis
Binance Coin
Utility token of the Binance ecosystem, used for transaction fees and blockchain operations.
BNB Technical Analysis Summary
BNB is currently in a short-term correction phase, trading below its 20-day SMA with bearish momentum indicators including a negative MACD histogram and declining RSI. However, the longer-term trend remains constructive as the price holds above the 50-day SMA and maintains the sequence of higher lows established since November. The market is compressing into a potential consolidation pattern, with a decisive move above 911 or below 868 likely to determine the next major trend direction.
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BNB Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-day SMA basis line (911.29) and has lost recent momentum. The MACD shows a bearish crossover with an expanding negative histogram, and the RSI is below 50 and trending downwards.
Long-term Sentiment (weeks to months): Bullish
Despite recent pullbacks, the price structure since November shows higher highs and higher lows. The price remains above the 50-day SMA (884.18) and is significantly elevated above the November lows of ~640.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T13:04:45.393Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $885.00 | $884.00 - $886.00 | Weak | Immediate support at the 50-day SMA (884.18) and current trading level. |
| $869.00 | $868.00 - $870.00 | Strong | Confluence of the Lower Bollinger Band (868.16) and recent consolidation lows. |
| $841.50 | $838.00 - $845.00 | Strong | Key swing low established in late December/early January. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $911.50 | $911.00 - $912.00 | Weak | The 20-day SMA (Bollinger Basis) acting as immediate overhead resistance. |
| $932.50 | $930.00 - $935.00 | Strong | Recent local swing high forming a lower high structure. |
| $959.50 | $954.00 - $965.00 | Strong | Upper Bollinger Band and the recent cycle peak area. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Weak | Symmetrical Triangle / Consolidation | Neutral | N/A | Price action is compressing with lower highs (960, 930) and higher lows (840, 860), indicating a period of indecision following the recovery rally. |
Frequently Asked Questions about BNB
What is the current sentiment for BNB?
The short-term sentiment for BNB is currently Bearish because Price is trading below the 20-day SMA basis line (911.29) and has lost recent momentum. The MACD shows a bearish crossover with an expanding negative histogram, and the RSI is below 50 and trending downwards.. The long-term trend is classified as Bullish.
What are the key support levels for BNB?
StockDips.AI has identified key support levels for BNB at $885.00 and $869.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is BNB in a significant dip or a Value Dip right now?
BNB has a Value Score of 57/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.