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BNB price is trading at $871.40 and is testing local resistance near $873.80; short-term momentum remains bullish but likely to stay range-bound between $860–$880 unless bulls close the daily bar above $873 to target $880–$900.
BNB price currently $871.40 — testing resistance at $873.80
Short-term range expected: $860–$880; weekly close above $900 would signal stronger breakout.
On-chain and market metrics from CoinMarketCap show general weekly bullishness across top coins.
BNB price live update: Binance Coin trades at $871.40, testing $873.80 resistance — read levels, outlook and trade cues now.
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The week is ending bullish for most of the coins, according to CoinMarketCap.
Top coins by CoinMarketCap
What is the current BNB price outlook for traders?
The BNB price trades at $871.40 and is approaching a short-term resistance zone at $873.80. Momentum favors buyers on intraday charts, but the most probable near-term scenario is sideways action between $860 and $880 unless bulls hold and close the daily bar above $873 to push toward $880–$900.
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How has BNB price moved over the past week?
The rate of Binance Coin (BNB) has risen by 1.51% since yesterday and is up 1.16% over the last seven days. Market breadth across top tokens shows modest bullishness, per CoinMarketCap data, supporting the view that BNB price is in a gradual recovery phase.
Image by TradingView
Why is $873.80 important for BNB price?
$873.80 is a local resistance on the hourly chart. A sustained close above this level on the daily timeframe would increase the probability of continuation toward $880 and opens the path to weekly targets near $900. Failure to break convincingly could keep price oscillating in the $860–$880 channel.
Image by TradingView
How should traders position given current BNB price action?
Short-term traders can consider range-based strategies: buy near $860 with tight stops below the range; take partial profits near $873–$880. If the daily close is above $873, add to positions targeting $880–$900. Risk management is essential due to potential intraday volatility.
What do weekly charts say about BNB price momentum?
On the weekly timeframe the trend is upward but price remains distant from major support and resistance levels. A weekly close near $900 would be a bullish validation, potentially leading to a resistance breakout and continued upside. Traders should watch weekly candles for confirmation.
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Does on-chain or market data support this BNB price view?
CoinMarketCap shows improving market caps for top tokens across the week, suggesting liquidity and risk-on sentiment. TradingView technical overlays indicate resistance at $873.80 and support at $860. These combined signals support a cautious bullish bias while highlighting the range-bound risk.
Frequently Asked Questions
What is the immediate support and resistance for BNB price?
Immediate support is near $860; local resistance sits at $873.80. A clear daily close above $873 would shift the bias toward $880–$900. Watch volume and daily candle closes for confirmation.
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How can I trade BNB price safely right now?
Use range trading: buy near $860 with stop-loss slightly below support, take profits near $873–$880, and scale in only after a confirmed daily close above resistance. Keep position sizes aligned with risk tolerance.
Key Takeaways
Current price: BNB trading at $871.40 — testing $873.80 resistance.
Short-term range: Likely $860–$880 unless daily close above $873 occurs.
Weekly view: Trend positive; weekly close near $900 would confirm breakout momentum.
Conclusion
BNB price shows a modest bullish posture on intraday and weekly charts while remaining range-bound. Traders should prioritize daily closes and volume around $873.80 for breakout confirmation. COINOTAG will monitor price action and update levels as market conditions evolve.
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