BNB price is trading near $848 after a market-wide pullback: Binance Coin price has slipped toward key support at $820, with immediate resistance at $849–$860; traders should watch hourly breakouts and volume for direction.
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BNB near $820 support; hourly breakout above $849 targets $860
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Volume decline suggests limited volatility through the month, reducing odds of sharp moves.
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24‑hour change: BNB down ~1.82%; monitor CoinMarketCap and order‑book levels for confirmation.
BNB price update: Binance Coin price dips toward $820 support amid a market pullback — read technical levels, short forecast and trade guidance. Stay informed.
Published: 2025-08-26 | Updated: 2025-08-26 | Author: COINOTAG
What is the current BNB/USD trend?
BNB price is in a short-term downtrend after a market-wide shift to red, with the native Binance Coin trading near $848 and testing support at $820. The immediate technical picture shows resistance at $849–$860; a decisive hourly close above $849 would favor a short-term rebound.
The market has quickly changed to red, according to CoinMarketCap.
Top coins by CoinMarketCap
How is technical analysis positioning BNB support and resistance?
On the hourly chart the Binance Coin price sits closer to resistance than to support, with a near-term breakout level at $849. If BNB clears $849 on sustained volume, the next target is roughly $860 by the next trading session.
Image by TradingView
On the longer time frame the outlook is less favorable for buyers. BNB is trading close to the $820 support zone; a daily close below $820 could open a path to the $800 area. Current volume has declined, indicating lower conviction and fewer chances for sharp directional moves before month-end.
Image by TradingView
If seller pressure persists and the bar closes below $820, accumulated downside energy may push BNB toward $800. From a midterm perspective neither bulls nor bears dominate: price sits far from key trend-defining levels and momentum indicators are muted.
Image by TradingView
| Metric | Value | Notes |
|---|---|---|
| Current price | $848.09 | Price at press time |
| 24‑hour change | -1.82% | Source: CoinMarketCap (price feed) |
| Key support | $820 | Daily close below risks $800 |
| Immediate resistance | $849 – $860 | Hourly breakout target: $860 |
Frequently Asked Questions
Is BNB price likely to drop below $800?
Not immediately; BNB would need a daily close below $820 to increase the odds of a decline toward $800. Current low volume makes sharp moves less likely, but follow price action and order-book depth for confirmation.
How should traders respond to the current Binance Coin price action?
Use tight risk controls: watch hourly close above $849 for bullish entries, set stops below $820 if shorting, and avoid adding on low‑volume pullbacks. Prioritize confirmation from volume and liquidity.
Key Takeaways
- Immediate levels: BNB current price $848.09; support $820; resistance $849–$860.
- Volume: Declining volume reduces the probability of sharp moves this month.
- Trader action: Watch hourly breakouts above $849 for bullish setups; use stops below $820.
Conclusion
In summary, the BNB price faces a neutral-to-bearish short-term backdrop after a market pullback. Key levels to watch are support at $820 and immediate resistance between $849 and $860. Traders should prioritize confirmation from volume and order-book liquidity. For ongoing coverage and refreshed price feeds, consult CoinMarketCap and COINOTAG updates.
BNB is trading at $848.09 at press time.
