Analysts Bullish as $96M Inflows Signal Accumulation
The post Analysts Bullish as $96M Inflows Signal Accumulation appeared on BitcoinEthereumNews.com.
BNB price today trades near $1,294, consolidating below $1,320 resistance after rebounding from $1,050 lows. On-chain data shows $96M inflows, pointing to renewed accumulation despite lingering Binance controversy. Key levels: $1,350 and $1,380 upside targets, with $1,231 and $1,207 as critical support pivots. BNB price today is trading around $1,294, holding gains after last week’s sharp rebound from the $1,050 low. The recovery from the 200-day EMA has pushed price back into a key resistance zone between $1,300 and $1,320, a level that will decide whether the rally extends toward higher highs or stalls under supply pressure. BNB Price Retests Symmetrical Triangle Resistance BNB Price Analysis (Source: TradingView) The 4-hour chart shows BNB breaking out from a symmetrical triangle formation, with strong buying momentum emerging near $1,150. The 20-day EMA at $1,231 and the 50-day EMA at $1,207 are now acting as immediate support, while the 100-day EMA near $1,154 reinforces the broader bullish structure. Price is testing resistance at $1,320, marked by the upper triangle boundary and previous consolidation highs. A clear breakout above this zone could open the door to $1,350 and $1,380, while rejection may bring a pullback toward $1,231 or $1,207. The Parabolic SAR has flipped below price, signaling a short-term bullish phase, and RSI remains neutral, leaving room for continued upside if momentum strengthens. On-Chain Flows Show Renewed Buying Interest BNB Netflows (Source: Coinglass) On-chain data from Coinglass reveals $96 million in net inflows yesterday, followed by a smaller $9.69 million outflow today, indicating a transition from panic selling to accumulation. These figures reflect renewed investor confidence after one of the most volatile weeks for the Binance ecosystem. The shift in flow direction is significant. Heavy inflows often suggest smart-money repositioning after capitulation events. Analysts say consistent daily inflows above $25 million could sustain the…
Filed under: News - @ October 13, 2025 9:26 am