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BNB Weekly Technical Analysis

Timeframe: DailyWeeklyMonthly

Binance Coin

Utility token of the Binance ecosystem, used for transaction fees and blockchain operations.

Last price: $611.11 Value score: 57.78 Short-term sentiment: Bearish Long-term sentiment: Bearish Last updated: 2026-02-16T02:09:51.099Z

BNB Technical Analysis Summary

BNB has suffered a catastrophic structural breakdown on the weekly timeframe, shedding nearly 50% of its value in a rapid vertical decline accompanied by high selling volume. While the RSI reading of 15.96 indicates extreme oversold conditions that could trigger a temporary stabilization or bounce, the dominant trend remains fiercely bearish with price far below key resistance levels. Investors should note the significant volatility and lack of proven support in this price discovery phase.

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BNB Weekly Chart

Weekly candlestick price chart for BNB as of 2026-02-16T02:09:51.099Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Weekly candlestick price chart for BNB as of 2026-02-16T02:09:51.099Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bearish

Price is in a steep vertical decline on heavy volume with no confirmed reversal structure yet, despite extreme oversold conditions.

Long-term Sentiment (weeks to months): Bearish

Major structural breakdown from the 1000+ level, trading significantly below all moving averages and previous consolidation zones.

Report Metadata

Support Price Levels

Level Range Strength Notes
$606.18 $600.00 - $612.36 Weak Immediate current swing low and psychological round number support.

Resistance Price Levels

Level Range Strength Notes
$750.00 $740.00 - $760.00 Weak Approximate open of the previous week's large bearish candle.
$900.00 $880.00 - $920.00 Strong Former consolidation shelf and breakdown zone preceding the latest crash.
$1,100.00 $1,080.00 - $1,120.00 Strong Major structural resistance and origin of the massive selling impulse.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Parabolic Breakdown / Crash Bearish N/A Price has collapsed vertically from highs around 1200 down to 600 range on expanding volume, indicating capitulation.
Strong Extreme Oversold Condition Bullish N/A RSI is at 15.96, a historically low level that typically precedes a mean reversion bounce or consolidation.

Frequently Asked Questions about BNB

What is the current sentiment for BNB?

The short-term sentiment for BNB is currently Bearish because Price is in a steep vertical decline on heavy volume with no confirmed reversal structure yet, despite extreme oversold conditions.. The long-term trend is classified as Bearish.

What are the key support levels for BNB?

StockDips.AI has identified key support levels for BNB at $606.18. 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 58/100. 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.