BNB Price Outlook: History Repeats at This Level – Is Another Bounce Coming?
The BNB price is back at a level traders know well, and Crypto Coral’s message is simple: as long as $870 holds, the bounce is still in play.
On the chart shared by Coral, you can see why this zone keeps getting attention. After the sharp drop, the BNB price briefly dipped into the mid-$850s, then snapped back quickly.
That kind of move usually means panic selling got absorbed, not that a clean downtrend is forming. Since then, BNB has moved back toward $900, but it hasn’t broken through yet. Right now, it feels more like the market is pausing and deciding what comes next.
Source: X/@Crypt0Coral
Why the $870 Level Matters So Much for BNB
The $870 area lines up perfectly with the “history repeats” idea from the tweet. Every time the BNB price holds above it, dips tend to turn into short-term buying opportunities instead of turning into deeper selloffs. If that level gives way, the whole bullish bounce idea starts to fall apart pretty quickly.
There’s a clear support zone in the low-$890s, and the BNB price is sitting right on top of it. Recent candles are showing that the price is pushing into that area, only to pull back, indicating that new buyers are coming into the market. As long as that area holds, we can expect a grind upward rather than another fall.
Where BNB Runs Into Resistance
On the upside, the first real test sits around $900 to $905. Price has already stalled there once, so reclaiming that zone is important. If the BNB price can hold above it, the path opens toward $920–$930, with a possible extension into the mid-$930s if momentum picks up.
On the downside, there’s another support pocket in the high-$870s to low-$880s. That’s likely the next stop if the BNB price slips again. A bounce will keep the bullish picture intact, while a clean break below $870 will negate the idea of a bounce and shift focus to the downside.
Read Also: Zcash (ZEC) Price Reaches a Key “Moment of Truth” – Is a Bullish Pennant Forming?
What Comes Next for BNB?
Right now, the BNB price is basically stuck in a limbo. It’s holding support, but it still hasn’t done enough to prove that a real move higher is underway. As long as the $870 level holds and BNB can push back above $900 with some strength, the bounce idea stays on the table.
If the reclaim happens, the focus will shift to the $920 to $935 range, where the asset has been stuck before. A return to this area will indicate that the buyers are stepping in confidently, rather than reacting to a temporary dip.
On the other hand, if BNB moves back to the $870 region, it will become a test. Holding it well will trigger another bounce, while breaking it will most likely lead to further sideways movement or consolidation.
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The post BNB Price Outlook: History Repeats at This Level – Is Another Bounce Coming? appeared first on CaptainAltcoin.
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