{"id":87654,"date":"2025-08-12T05:18:50","date_gmt":"2025-08-12T05:18:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=87654"},"modified":"2025-08-12T05:18:50","modified_gmt":"2025-08-12T05:18:50","slug":"bnb-price-coiling-for-breakout-next-leg-higher-in-sight","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=87654","title":{"rendered":"BNB Price Coiling for Breakout\u2014Next Leg Higher in Sight"},"content":{"rendered":"

BNB price is correcting gains from the $825 zone. The price is now facing hurdles near $815 and might aim for a fresh surge in the near term.<\/em><\/p>\n

BNB price is correcting gains and traded below the $815 support zone.
\nThe price is now trading above $800 and the 100-hourly simple moving average.
\nThere is a key contracting triangle forming with support at $804 on the hourly chart of the BNB\/USD pair (data source from Binance).
\nThe pair must stay above the $792 level to start another increase in the near term.<\/p>\n

BNB Price Holds Support<\/h2>\n

After a steady increase, BNB price failed to clear the $830 zone. There was a downside correction below the $820 and $815 levels, like Ethereum<\/a> and Bitcoin<\/a>.<\/p>\n

The price even dipped below $800 and tested $792. A low was formed at $792 and the price is now attempting a fresh increase. There was a move above the 50% Fib retracement level of the downward move from the $827 swing high to the $792 low.<\/p>\n

The price is now trading above $810 and the 100-hourly simple moving average. There is also a key contracting triangle forming with support at $804 on the hourly chart of the BNB\/USD pair.<\/p>\n

On the upside, the price could face resistance near the $815 level or the 61.8% Fib retracement level of the downward move from the $827 swing high to the $792 low. The next resistance sits near the $820 level. A clear move above the $820 zone could send the price higher.<\/p>\n

<\/a><\/p>\n

In the stated case, BNB price could test $832. A close above the $832 resistance might set the pace for a larger move toward the $840 resistance. Any more gains might call for a test of the $850 level in the near term.<\/p>\n

Another Decline?<\/h2>\n

If BNB fails to clear the $815 resistance, it could start another decline. Initial support on the downside is near the $804 level. The next major support is near the $800 level.<\/p>\n

The main support sits at $792. If there is a downside break below the $792 support, the price could drop toward the $780 support. Any more losses could initiate a larger decline toward the $768 level.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n

Major Support Levels \u2013 $804 and $792.<\/p>\n

Major Resistance Levels \u2013 $815 and $820.<\/p>","protected":false},"excerpt":{"rendered":"

BNB price is correcting gains from the $825 zone. The price is now facing hurdles near $815 and might aim for a fresh surge in the near term. BNB price is correcting gains and traded below the $815 support zone. The price is now trading above $800 and the 100-hourly simple moving average. There is […]<\/p>\n","protected":false},"author":0,"featured_media":87655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87654","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\/87654"}],"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=87654"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/87655"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}