BNB/USDT · 1D · 8 Nov 2026
BNB (BNB) price analysis — daily chart
BNB (BNB) is at 696.6 on the 1D chart. The setup is bearish while BNB stays under 704.5: price has bounced into a level that used to be support and now acts as a ceiling.
Daily downtrend since Sep 29, falling — the last lower high is 762.2
The read
The setup is bearish while BNB stays under 704.5: price has bounced into a level that used to be support and now acts as a ceiling.
Backing it: on the daily chart, each peak and each dip has been lower than the last; against it: the weekly chart is up.
Price is under the 50-day average (745.3). It is over the 200-day average (657.7).
The last 5 days are down 0.4%, nearly every high lower than the one before.
Price is 8.6% under 762.2, the last lower high, and 2.7% over 678.1, the trend's low.
What kills the setup: a daily close over 704.5, 1.1% away.
Why
For it: The trend has real strength, with the sellers in control; price is under the average price buyers have paid since the 555.6 low, 700.6, so those buyers are losing money.
Against it: the weekly chart is up; the selling is losing force: price made a lower low, but momentum (MACD) did not follow it down.
If-then
While BNB stays under 704.5 the setup stays bearish; 678.1 is the next line it has to break.
A 1D close above 704.5 ends the bounce into resistance in a downtrend; the next level up is 717.0.
A 1D close below 678.1 carries the downtrend past its last low; the next level down is 654.0.
Key levels
678.1 is where buyers keep showing up: it held 4 of 6 visits. It is also the prior week low.
762.2 is the ceiling — the last lower high (Oct 28) — the line the downtrend stays under. It is also the prior week high.
The full picture
BNB has been in a downtrend since Sep 29: its lows have stepped down (750.5, then 705.8, then 678.1), and so have its highs (810.1, then 762.2). Price is 2.7% over the trend's low, 678.1 (Oct 29). The last lower high is 762.2 (Oct 28), 8.6% above price; no daily close has gone over it.
The weekly picture: a recovery off the cycle low, 49% under the cycle high; on the daily, price is above the 200-day average (657.7), and the 50-day average is above the 200-day average. The daily trend runs against the weekly.
Against BTC: over the last 5 daily candles BNB moved -0.4% and BTC -1.2% — BNB is moving with it.
Sellers have had the daily since Sep 29: each bounce has been sold lower than the last, and no daily close has cleared a lower high. That runs against the weekly chart, which is up.
The rest of the chart backs the downtrend. The trend has real strength, with the sellers in control. Price is below the Monthly VWAP (701.6).
What doesn't fit: the selling is losing force: price made a lower low, but momentum (MACD) did not follow it down. These are the cracks in an otherwise intact downtrend.
Key levels
| Level | Price | From price | Role |
|---|
| Prior week high (not retested) | 762.2 | +9.4% | calendar, sr |
| 2-TF resistance | 748.9 | +7.5% | confluent, fib |
| Swing high | 745.3 | +7.1% | swing, read |
| Golden pocket | 730.1 | +4.8% | golden pocket, naked poc |
| 2-TF resistance | 717.0 | +2.9% | confluent, fib |
| Resistance | 712.8 | +2.3% | calendar, fib |
| 3-TF resistance | 704.5 | +1.1% | confluent, calendar |
| 2-TF support | 693.7 | -0.4% | confluent, order block |
| 3-TF support | 681.5 | -2.2% | confluent, sr |
Updated 8 Nov 2026. Run a live BNB read →
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