Technical analysis by vagada about Symbol BNB on 10/10/2025

BNB Daily – After the Run, Testing Its Range Since July, BNB has delivered an impressive rally. Back then, price was sitting near the 61.8% Fibonacci level, and from there it climbed all the way to a new all-time high at the 161.8% Fib extension, which is now acting as resistance. On October 7 and 8, intraday moves briefly pushed above this level, but both sessions failed to close above it, leading to a clear rejection on October 9, confirmed by a large downside volume bar. From a system perspective, the structure remains in an uptrend, with MLR > SMA > Price > BBc indicating that despite the pullback, the broader bullish structure is still valid. Key levels to watch: Resistance: 161.8% Fib at $1310 Support: BB Center (orange) at $1198 If BNB can hold above the BB Center, it keeps the upper hand and could attempt another move toward its ATH. However, a daily close below the BB Center would shift the short-term momentum bearish, opening room for further downside. Periods like this often decide whether a move becomes continuation or distribution: patience around key levels pays off. Bias: Neutral-bullish — uptrend intact, but watching the BB Center closely for confirmation. Always take profits and manage risk. Interaction is welcome.