Binance Coin (BNB) Double-Top Alert: Key Support Levels to Watch at $885–$890

Binance Coin (BNB) seems to pause after a strong rise. On the 4-hour chart, price action forms a double-top. Firstly, the peak was around $930–$935, then it pulled back, and a second rise to a new high couldn’t beat the previous level. This double-top pattern could suggest that short-term bullish momentum is weakening as buyers can’t push above a key resistance zone.

Key support is around $885-$890. This area has been the consolidatory point during the uptrend in price. If BNB can maintain above this area, then the higher-timeframe uptrend is still valid, and sideways movement can be maintained rather than a bearish trend.

However, a close below this neckline on the 4-hour chart would result in a break in the pattern and likely drive price toward the $870-$860 demand zone. If that support breaks, it could fall toward $845-$850, which coincides with previous areas of consolidation and liquidity.

Analysts on the 4-hour chart believe the short-term traders could view this as an opportunity to buy on dips as the trend is still bullish. The price is currently hovering around $900-$910, which falls in line with a previous resistance level that has historically stopped rallies.

Source: X

BNB Momentum Indicators Suggest Cautious Consolidation

Even with the short-term double-top pattern, bigger-timeframe indications show BNB still has overall bullish momentum. The weekly chart presents the price remaining on a long-term uptrend line, which means the macro uptrend hasn’t broken.

The RSI is around the neutral 50–52 area, hinting at a halt in buying pressure but not a full flip into a bearish mood. Below 50, the RSI would finally give sellers the upper hand, while now momentum remains mildly positive.

The MACD indicates upward momentum is decelerating. The histogram is negative, and the MACD line is trending towards the signal line, which often occurs in middle-cycle pullbacks when the price is in an uptrend.

Source: Tradingview

Meanwhile, the A/D line continues higher, indicating that larger investors are still buying BNB after short-term corrections. This divergence, continued buying as price consolidates, could point to BNB building a base for the next advance, provided key support levels are maintained.

Also Read: Binance Coin Price Prediction January 2026 : BNB Nears a Decision Zone as Price Action Tightens