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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: $737.18 Value score: 123.02 Short-term sentiment: Bearish Long-term sentiment: Bearish Last updated: 2026-02-02T07:24:10.888Z

BNB Technical Analysis Summary

The weekly chart for BNB displays a severe downtrend, with price action collapsing from highs around 1,200 down to the 750 level. Selling pressure is intense, indicated by consecutive large red candles and expanding downward volatility. However, the RSI is extremely oversold at 19.54, suggesting the potential for a relief bounce or consolidation despite the dominant bearish trend. Immediate resistance has formed at the breakdown level near 900.

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BNB Weekly Chart

Weekly candlestick price chart for BNB as of 2026-02-02T07:24:10.888Z, 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 2026-02-02T07:24:10.888Z, 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, forming large red bearish candles with no sign of immediate reversal. The current week shows a new low of 728.00.

Long-term Sentiment (weeks to months): Bearish

The chart shows a catastrophic breakdown from highs near 1,200, establishing a clear structure of lower highs and lower lows. Momentum is strongly downward.

Report Metadata

Support Price Levels

Level Range Strength Notes
$728.00 $728.00 - $728.00 Weak Current weekly low; immediate support being tested.
$700.00 $700.00 - $700.00 Weak Psychological round number support inferred below current price action.

Resistance Price Levels

Level Range Strength Notes
$907.50 $890.00 - $925.00 Strong Recent consolidation zone that failed, now acting as overhead resistance.
$1,075.00 $1,050.00 - $1,100.00 Strong Major structural resistance and breakdown area from the previous trading range.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Parabolic Breakdown Bearish N/A Price has collapsed vertically from a peak, characterized by expanding volatility and long bearish candles.
Strong Deep Oversold (RSI) Neutral N/A RSI is reading 19.54, an extreme low that suggests selling conditions may be overextended in the short term.

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, forming large red bearish candles with no sign of immediate reversal. The current week shows a new low of 728.00.. 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 $728.00 and $700.00. 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 123/100. 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.