đ BNB Market Update | November 8, 2026
BNB is trading around $697.02 after facing rejection near $702.
On the 15-minute chart, short-term selling pressure is visible as the price moves below MA(7) and MA(25).
đ Moving Averages
MA(7): $698.27
MA(25): $698.34
MA(99): $696.61
đ Key Price Levels
Resistance: $698â$700
Major resistance: $702
Nearby support: $696â$697
24h low: $693.40
Market Outlook
A recovery above $698â$700 could strengthen short-term bullish momentum. However, losing the MA(99) may increase downside pressure.
My observation: BNB is at an interesting technical level. I'll be watching volume, price action, and confirmation before drawing conclusions.
What's your view? Are buyers preparing for another move upward, or is further correction possible?
BNB is trading around $697.02 after facing rejection near $702.
On the 15-minute chart, short-term selling pressure is visible as the price moves below MA(7) and MA(25).
đ Moving Averages
MA(7): $698.27
MA(25): $698.34
MA(99): $696.61
đ Key Price Levels
Resistance: $698â$700
Major resistance: $702
Nearby support: $696â$697
24h low: $693.40
Market Outlook
A recovery above $698â$700 could strengthen short-term bullish momentum. However, losing the MA(99) may increase downside pressure.
My observation: BNB is at an interesting technical level. I'll be watching volume, price action, and confirmation before drawing conclusions.
What's your view? Are buyers preparing for another move upward, or is further correction possible?
