The post Binance Coin Price Tightens Below Critical Level as Trendline Retest Sparks Bearish Concerns appeared on BitcoinEthereumNews.com.

Binance Coin is trading within a tightening structure as analysts highlight a key trendline retest, steady higher lows, and compressed price action near major resistance. 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…

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Filed under: News - @ November 29, 2025 2:25 am