BNB price prediction

[chainsniff]

The tight range trading in BNB
BNB $867.42 has resolved to the downside, signaling a slight advantage to the bears.

BNB/USDT daily chart. Source: Cointelegraph/TradingView
The sellers will attempt to pull the price to the $791 level, which is a critical support to watch out for. If the level gives way, the BNB/USDT pair will resume the downtrend toward the next support at $730.

Alternatively, if the BNB price rebounds sharply off the $791 support and breaks above the 20-day EMA ($888), it suggests that the pair may form a range. The price could swing between $791 and $1,020 for a few days.

[Nahid Hossen]

BNB’s outlook will depend heavily on ecosystem activity and broader market sentiment.