BNB Price Holds $900 Support as Meme Tokens Show Signs of Recovery
The post BNB Price Holds $900 Support as Meme Tokens Show Signs of Recovery appeared on BitcoinEthereumNews.com.
Binance Coin is regaining bullish momentum as it retests a key breakout level near $900. Analysts BATMAN and 0xBossman highlight strong technical support, rising meme coin activity, and renewed investor confidence. With the altcoin trading around $949, holding above $940 could trigger another rally toward $970 and the $1,000 psychological resistance. BNB Maintains Key Support After Retest of Former Resistance Binance Coin continues to trade steadily above its $900 support level after retesting a long-term trendline that previously acted as resistance. According to analyst BATMAN, the asset broke out of a prolonged bearish trendline in September and has since returned to that same structure, now functioning as a support zone. The move marks a technical shift that often signals stability and renewed strength in an asset’s market structure. BNBUSDT Chart | Source:x The analyst noted that the strong reaction following the market-wide selloff on October 10 reaffirmed the support’s reliability. Buyers absorbed the sharp decline efficiently, suggesting an accumulation phase near the lower range of the ascending channel. With price stability returning around the $900 region, its chart structure indicates that the next upward move could occur if this support continues to hold. Analysts Observe Bullish Setup on Meme Tokens In a related update, analyst 0xBossman observed a recovery pattern among the based meme tokens. Several meme assets operating within the Binance ecosystem are now breaking or approaching descending resistance trendlines on the 4-hour timeframe. This pattern reflects weakening selling pressure and growing buyer interest across multiple tokens. BNB Chart | Source:x The analyst noted that meme coins such as HAJIMI and 币安人生 are forming higher lows, a technical signal often associated with a potential reversal. This structural behavior suggests traders are re-entering the market as volatility compresses. The coordinated movements across several tokens indicate the possibility of synchronized activity…
Filed under: News - @ November 6, 2025 9:30 pm