The BNB price is back at a level traders know well, and Crypto Coral’s message is simple: as long as $870 holds, the bounce is still in play. On the chart sharedThe BNB price is back at a level traders know well, and Crypto Coral’s message is simple: as long as $870 holds, the bounce is still in play. On the chart shared

BNB Price Outlook: History Repeats at This Level – Is Another Bounce Coming?

The BNB price is back at a level traders know well, and Crypto Coral’s message is simple: as long as $870 holds, the bounce is still in play.

On the chart shared by Coral, you can see why this zone keeps getting attention. After the sharp drop, the BNB price briefly dipped into the mid-$850s, then snapped back quickly. 

That kind of move usually means panic selling got absorbed, not that a clean downtrend is forming. Since then, BNB has moved back toward $900, but it hasn’t broken through yet. Right now, it feels more like the market is pausing and deciding what comes next.

Source: X/@Crypt0Coral

Why the $870 Level Matters So Much for BNB

The $870 area lines up perfectly with the “history repeats” idea from the tweet. Every time the BNB price holds above it, dips tend to turn into short-term buying opportunities instead of turning into deeper selloffs. If that level gives way, the whole bullish bounce idea starts to fall apart pretty quickly.

There’s a clear support zone in the low-$890s, and the BNB price is sitting right on top of it. Recent candles are showing that the price is pushing into that area, only to pull back, indicating that new buyers are coming into the market. As long as that area holds, we can expect a grind upward rather than another fall.

Where BNB Runs Into Resistance

On the upside, the first real test sits around $900 to $905. Price has already stalled there once, so reclaiming that zone is important. If the BNB price can hold above it, the path opens toward $920–$930, with a possible extension into the mid-$930s if momentum picks up.

On the downside, there’s another support pocket in the high-$870s to low-$880s. That’s likely the next stop if the BNB price slips again. A bounce will keep the bullish picture intact, while a clean break below $870 will negate the idea of a bounce and shift focus to the downside.

Read Also: Zcash (ZEC) Price Reaches a Key “Moment of Truth” – Is a Bullish Pennant Forming?

What Comes Next for BNB?

Right now, the BNB price is basically stuck in a limbo. It’s holding support, but it still hasn’t done enough to prove that a real move higher is underway. As long as the $870 level holds and BNB can push back above $900 with some strength, the bounce idea stays on the table.

If the reclaim happens, the focus will shift to the $920 to $935 range, where the asset has been stuck before. A return to this area will indicate that the buyers are stepping in confidently, rather than reacting to a temporary dip.

On the other hand, if BNB moves back to the $870 region, it will become a test. Holding it well will trigger another bounce, while breaking it will most likely lead to further sideways movement or consolidation.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post BNB Price Outlook: History Repeats at This Level – Is Another Bounce Coming? appeared first on CaptainAltcoin.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Spot silver falls below the $100 mark

Spot silver falls below the $100 mark

PANews reported on January 30 that, according to Jinshi, some trading platforms showed that spot silver fell below the $100 mark, plunging by about $15 during the
Share
PANews2026/01/30 17:34
Solana network saw its active addresses more than double to over 5 million in January, with daily transaction volume jumping to 87 million.

Solana network saw its active addresses more than double to over 5 million in January, with daily transaction volume jumping to 87 million.

PANews reported on January 30th that, according to Nansen's monitoring, Solana's performance in the first 30 days of 2026 is as follows: The number of active addresses
Share
PANews2026/01/30 17:15
Australian regulators ease regulations on stablecoin intermediaries

Australian regulators ease regulations on stablecoin intermediaries

PANews reported on September 18th that, according to Decrypt, the Australian Securities and Investments Commission (ASIC) has granted a regulatory exemption to stablecoin intermediaries, allowing them to distribute cryptocurrencies issued by licensed Australian institutions without having to hold a separate financial services license. The exemption, published Thursday, states that intermediaries distributing stablecoins issued by Australian Financial Services (AFS) licensed issuers no longer need to apply for separate AFS, market, or clearing facility licenses. This measure, effective upon registration of federal legislation, is a significant step forward in addressing Australia's regulatory challenges in the stablecoin market. Blockchain APAC CEO Steve Vallas stated that this move is a temporary transition before broader reforms and is consistent with financial services law. The exemption does not change the determination of whether stablecoins are financial products, but simply "suspends the secondary licensing requirement for distributors of licensed issuers," allowing distribution through licensed channels while maintaining issuer liability and requiring intermediaries to provide product disclosure statements to ensure transparency.
Share
PANews2025/09/18 13:25