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 strong bearish phase following a breakdown from a double top structure, with price accelerating away from the declining 50-day SMA. Momentum indicators like the MACD are firmly negative, though the RSI dipping below 30 suggests the selling may be temporarily overextended. Support is currently being tested at the lower Bollinger Band, with a more significant historical floor visible near 700.
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BNB Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a sharp vertical decline, trading near the lower Bollinger Band with the MACD histogram expanding negatively and the signal line crossing downward.
Long-term Sentiment (weeks to months): Bearish
The asset has established a structure of lower highs and lower lows and is trading significantly below the declining 50-day SMA.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-03T13:01:52.717Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $762.50 | $759.99 - $765.00 | Weak | Immediate support at the Lower Bollinger Band. |
| $712.50 | $700.00 - $725.00 | Strong | Major swing low area established in early December. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $872.50 | $870.00 - $875.00 | Strong | Confluence of the 50-day SMA, 20-day SMA basis, and the recent breakdown neckline. |
| $980.00 | $975.00 - $985.00 | Strong | Recent swing highs forming a potential double top structure. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top Breakdown | Bearish | $770.00 | Price formed two peaks around 980 in January and February before breaking the neckline support near 875. |
| Weak | Oversold RSI | Neutral | N/A | RSI has dropped to 29.82, entering oversold territory which often precedes a consolidation or relief bounce. |
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 sharp vertical decline, trading near the lower Bollinger Band with the MACD histogram expanding negatively and the signal line crossing downward.. 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 $762.50 and $712.50. 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 103/100. 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.