{"id":7080,"date":"2025-08-12T13:00:39","date_gmt":"2025-08-12T13:00:39","guid":{"rendered":"https:\/\/coinscap.info\/blog\/bnb-price-coiling-for-breakout-next-leg-higher-in-sight\/"},"modified":"2025-08-12T13:00:39","modified_gmt":"2025-08-12T13:00:39","slug":"bnb-price-coiling-for-breakout-next-leg-higher-in-sight","status":"publish","type":"post","link":"https:\/\/coinscap.info\/blog\/bnb-price-coiling-for-breakout-next-leg-higher-in-sight\/","title":{"rendered":"BNB Price Coiling for Breakout\u2014Next Leg Higher in Sight"},"content":{"rendered":"<p><em>BNB price is correcting gains from the $825 zone. The price is now facing hurdles near $815 and might aim for a fresh surge in the near term.<\/em><\/p>\n<ul>\n<li>BNB price is correcting gains and traded below the $815 support zone.<\/li>\n<li>The price is now trading above $800 and the 100-hourly simple moving average.<\/li>\n<li>There is a key contracting triangle forming with support at $804 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n<li>The pair must stay above the $792 level to start another increase in the near term.<\/li>\n<\/ul>\n<h2>BNB Price Holds Support<\/h2>\n<p>After a steady increase, BNB price failed to clear the $830 zone. There was a downside correction below the $820 and $815 levels, like Ethereum and Bitcoin.<\/p>\n<p>The price even dipped below $800 and tested $792. A low was formed at $792 and the price is now attempting a fresh increase. There was a move above the 50% Fib retracement level of the downward move from the $827 swing high to the $792 low.<\/p>\n<p>The price is now trading above $810 and the 100-hourly simple moving average. There is also a key contracting triangle forming with support at $804 on the hourly chart of the BNB\/USD pair.<\/p>\n<p>On the upside, the price could face resistance near the $815 level or the 61.8% Fib retracement level of the downward move from the $827 swing high to the $792 low. The next resistance sits near the $820 level. A clear move above the $820 zone could send the price higher.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-803139\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Binance-Coin-BNB.png?resize=1024%2C493\" alt=\"BNB Price\" width=\"1024\" height=\"493\" \/><\/p>\n<p>In the stated case, BNB price could test $832. A close above the $832 resistance might set the pace for a larger move toward the $840 resistance. Any more gains might call for a test of the $850 level in the near term.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If BNB fails to clear the $815 resistance, it could start another decline. Initial support on the downside is near the $804 level. The next major support is near the $800 level.<\/p>\n<p>The main support sits at $792. If there is a downside break below the $792 support, the price could drop toward the $780 support. Any more losses could initiate a larger decline toward the $768 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $804 and $792.<\/p>\n<p>Major Resistance Levels \u2013 $815 and $820.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNB price is correcting gains from the $825 zone. The price is now facing hurdles near $815 and might aim for a fresh surge in the near term. BNB price is correcting gains and traded below the $815 support zone. The price is now trading above $800 and the 100-hourly simple moving average. There is&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7081,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[216],"tags":[546,217,547,548,219,220],"class_list":["post-7080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bnb","tag-binance-coin","tag-bnb","tag-bnb-price","tag-bnbbtc","tag-bnbusd","tag-bnbusdt"],"_links":{"self":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/7080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/comments?post=7080"}],"version-history":[{"count":0,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/7080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media\/7081"}],"wp:attachment":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media?parent=7080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/categories?post=7080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/tags?post=7080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}