BNB latest news: retreats to $1,040 — MACD and ADX signal continued bearish momentum

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Binance coin slides 4.59% today

Highlights

Binance coin (BNB) trades at $1,040.10, down 4.59% for the day, sitting below MA-20 ($1,110.20) and MA-50 ($1,090.70), indicating strong short-term selling pressure.
Bearish momentum dominates as MACD, ADX, and daily oscillators remain weak and negative, with BNB near today's low of $1,033.50 and Ichimoku Kijun resistance at $1,117.60.
BNB is projected to consolidate between $1,000 and $1,120 next week, with over 80% probability of a rebound and possible range from $913.00 to $1,202.50.

Momentum weakness and volatility as technical indicators turn negative

Momentum indicators reinforce the negative outlook for BNB, with both the MACD and ADX showing weak and declining momentum. Daily oscillators (RSI, Stoch RSI, CCI) all remain negative or oversold, and the BBP further underscores prevailing seller dominance. The Awesome Oscillator confirms the ongoing downward momentum, and price sits near the lower end of today's trading range ($1,033.50 – $1,087.10), reflecting persistent sell-side pressure and high intraday volatility after the open. The Ichimoku Kijun at $1,117.60 stands as BNB’s nearest dynamic resistance.

Consolidation likely as signals favor rebound but downside risks remain

Looking ahead, BNB’s expected price range for the upcoming week is $913.00 – $1,202.50. Medium- and long-term weekly signals (RSI, ADX, MACD, MA-50) all indicate a high probability of an upward correction, with more than 80% odds for rebound. The most probable scenario is consolidation between $1,000 and $1,120; a bullish breakout above $1,117.60 could open room toward $1,200, while a close below $1,033.50 risks driving the price down to $1,000 or the projected weekly low of $913.00.

Viktoras Karapetjanc, analyst at Traders Union, notes that Binance Coin remains under pronounced short-term pressure, as seen in technical signals, yet strong long-term support and a high likelihood of a rebound create a constructive outlook. He sees BNB consolidating between $1,000 and $1,120, with the current setup suggesting that a bullish breakout above $1,117.60 could trigger further upside toward $1,200. Confidence is underpinned by medium- and long-term indicators showing over 80% odds of an upward correction next week. "While bears are dominant in the short term, I’m optimistic that BNB is set for an upward correction, making this a compelling watch for buyers eyeing $1,200," says Karapetjanc.

Previously, it was noted that the base case was consolidation around current levels with resistance at $1,117.60 and support at $1,076.80. Last time we reported that technical indicators suggested a consolidation risk for BNB with less than a 20% chance of a price rise.

Source of Data: BNB Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.