Market signals show consolidation, declining volume, and rising bullish pressure, with $898 as a breakout trigger and $884 as critical support.

Trendline Retest Draws Attention

Binance Coin is trading near a critical technical zone after retesting its long-term ascending trendline. Analyst Daniel Ramsey observed that the asset has returned to a key diagonal level that served as resistance for several years before the previous breakout.

The weekly chart shows repeated price reactions along this trendline, reinforcing its relevance for traders who track long-range structures. The recent bounce from this area is viewed as a standard retest, often seen after extended moves.

BNBUSDT Chart | Source:x

Ramsey noted that the current reaction may not signal a firm recovery. His analysis indicates that the coin could experience a minor upward retracement as part of the retest process. However, the broader market structure still leans toward a potential downward continuation if buying strength fades. The chart projection he shared shows price struggling to re-establish momentum above previous weekly highs, suggesting the market may be preparing for additional downside risk if it fails to sustain higher levels.

Short-Term Structure Shows Compression

A separate evaluation from another analyst points to a controlled upward grind that has developed over recent weeks. The chart shows consistently higher lows, indicating buyers remain active despite broader market caution.

This structure has kept the altcoin stable while other large assets captured more attention. The steady upward pressure also aligns with an improving RSI, which continues to rise without displaying signs of strain.

BNBUSDT Chart | Source:x

According to the analysis, Binance Coin is now moving within a compressed trading band just beneath a key resistance level near $910. Price compression often precedes sharp directional moves after liquidity builds.

A clean breakout above $910 with stronger volume could open a path toward $950 or nearby resistance levels. The chart suggests that the structure favors continuation if buyers maintain pressure, though the resistance cluster remains a major hurdle for any extended upward attempt.

Market Stability Within a Tight Range

Current price data indicate that the altcoin is moving steadily around the $890–$896 zone, where short-term volatility has produced several quick wicks toward the upper band. These wicks signal recurring resistance at $896–$897, where sellers continue to defend the range. At the same time, dips toward $884 have been absorbed consistently, showing that buyers remain active around the lower boundary of the channel.

BNBUSD 24-Hr Chart | Source: BraveNewCoin

The volume profile shows a gradual reduction in activity during the most recent sessions. Lower volume during stabilization often reflects a pause in market participation as traders wait for a clearer signal.

If the asset can reclaim the $896–$898 area with stronger activity, it may attempt another advancement toward the $900 level. A failure to remain above $890, however, increases the probability of a return to deeper support areas.

Outlook Focused on Key Levels

The broader outlook centers on two defining levels: resistance at $898 and support near $884. The tightening structure suggests that a decisive move may be near as liquidity builds around the range. Analysts agree that volume will play a major role in determining direction from this zone.

The combination of the trendline retest, compressed structure, and narrowing intraday range places BNB at a pivotal moment. While short-term stability remains intact, the market continues to assess whether the recent retest fuels renewed pressure to the downside, as suggested by Ramsey, or if buyers reclaim momentum near the upper boundary of the range.

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Filed under: Bitcoin - @ November 28, 2025 9:24 pm