BNB: Range-bound at $842, watching for breakout
I'm watching BNB after a mild 0.17% pullback to $842.20, with a 24h range of $820.8–$869.4 and roughly $25.7M volume.
Price looks range-bound and lacks clear momentum; neither buyers nor sellers are in control right now.
I’ll wait for a decisive breakout above $869 or a break and hold below $820 before changing my exposure.
Analysis
Volume is moderate and price is consolidating within a defined 24h range; absent a clear breakout the risk-reward favors waiting, with $820 as short-term support and $869 as resistance to watch.
Recommendation
Watch the pair; avoid initiating new full-size longs until a confirmed breakout above $869 or consider partial entries on weakness toward $820 with tight risk management.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.