BNB is currently trading near recent lows with oversold RSI, suggesting potential for a bounce. Recent price action shows support around $897 and resistance near $936.
Current Market Overview
BNB is trading at $910.4, down 2.2% in 24 hours. The RSI at 41 indicates it’s approaching oversold territory, which often precedes price rebounds.
Support and Resistance Levels
Recent local lows show strong support around $897-$907. Resistance levels are visible near $936, where previous rallies have stalled.
Moving Average Analysis
Price is slightly below the 20-day SMA ($911) and 50-day SMA ($923), suggesting short-term weakness but potential for mean reversion.
Trading Strategy
Consider buying near recent support levels around $900 for a bounce toward resistance at $935. Use stop-loss orders below $890 to manage risk.
Beginner Recommendations
Advice: buy
Buy Price: 900 USDT
Sell Price: 935 USDT
Key metrics
| Price | 910.4000 USDT |
| 24h Change | -2.20% |
| RSI(14) | 41.27 |
| SMA20 / SMA50 | 911.01 / 923.40 |
| Daily Volatility | 3.14% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
