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BNB Compresses Below $940–$950 Resistance as Volatility Tightens

A decisive daily close outside the $900–$950 band would likely set direction.

Overview

  • BNB trades near $910 after a week of compressed action just under a repeatedly tested resistance zone.
  • Price has held a narrow $879–$920 range with narrowing Bollinger Bands signaling a potential larger move.
  • Spot volume rose 11% to $1.45 billion, futures volume increased 11% to $1.66 billion, and open interest edged up 3% to $1.53 billion, indicating active repositioning.
  • Momentum remains balanced with an RSI around 60 and multiple oscillators positive, while the 200‑day moving average near $880 is a key support to watch.
  • A sustained close above $950 could open a run toward the $1,000 psychological level, whereas a drop below $900 would refocus attention on the $880 support zone.