
{"id":84861,"date":"2025-07-30T05:08:36","date_gmt":"2025-07-30T05:08:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=84861"},"modified":"2025-07-30T05:08:36","modified_gmt":"2025-07-30T05:08:36","slug":"bnb-price-corrects-gains-after-strong-rally-is-it-just-a-healthy-pullback","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=84861","title":{"rendered":"BNB Price Corrects Gains After Strong Rally \u2013 Is It Just a Healthy Pullback?"},"content":{"rendered":"<p><em>BNB price is correcting gains from the $860 zone. The price is now facing hurdles near $820 and might dip again toward the $788 support.<\/em><\/p>\n<p>BNB price is correcting gains and traded below the $820 support zone.<br \/>\nThe price is now trading below $810 and the 100-hourly simple moving average.<br \/>\nThere is a key bullish trend line forming with support at $800 on the hourly chart of the BNB\/USD pair (data source from Binance).<br \/>\nThe pair must stay above the $788 level to start another increase in the near term.<\/p>\n<h2>BNB Price Trims Some Gains<\/h2>\n<p>After a steady increase, BNB price failed to clear the $860 zone. There was a downside correction below the $850 and $680 levels, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-comeback-3880\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-holds-steady-116250\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>.<\/p>\n<p>The price even dipped below $840 and tested $800. There was a clear move below the 23.6% Fib retracement level of the upward move from the $744 swing low to the $861 high. The bulls are now active near the $800 support zone.<\/p>\n<p>There is also a key bullish trend line forming with support at $800 on the hourly chart of the BNB\/USD pair. The price is now trading below $810 and the 100-hourly simple moving average.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Binance-Coin-BNB-2.png\"><\/a><\/p>\n<p>On the upside, the price could face resistance near the $810 level. The next resistance sits near the $820 level. A clear move above the $820 zone could send the price higher. In the stated case, BNB price could test $845. A close above the $845 resistance might set the pace for a larger move toward the $860 resistance. Any more gains might call for a test of the $880 level in the near term.<\/p>\n<h2>More Losses?<\/h2>\n<p>If BNB fails to clear the $820 resistance, it could start another decline. Initial support on the downside is near the $800 level. The next major support is near the $788 level.<\/p>\n<p>The main support sits at $770. If there is a downside break below the $770 support, the price could drop toward the $750 support. Any more losses could initiate a larger decline toward the $735 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $800 and $788.<\/p>\n<p>Major Resistance Levels \u2013 $810 and $820.<\/p>","protected":false},"excerpt":{"rendered":"<p>BNB price is correcting gains from the $860 zone. The price is now facing hurdles near $820 and might dip again toward the $788 support. BNB price is correcting gains and traded below the $820 support zone. The price is now trading below $810 and the 100-hourly simple moving average. There is a key bullish [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":84862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84861"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84861"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/84862"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}