Technical analysis by isahebdadi about Symbol BNB: Buy recommendation (11/21/2025)

BNB has pulled back sharply from its parabolic run above $1,300, and price is now sitting exactly on the bottom boundary of the rising channel that has guided the trend since late 2023. This area is extremely important because: •It is the channel support •It aligns with a previous consolidation zone •It’s very close to the 50-day SMA retest zone (which BNB often respects) If this support holds, BNB could stage a recovery rally. But if it breaks down, the chart opens the door to a much deeper correction. Bullish Scenario (If channel support holds) Entry Zone: $780–$820 (BNB is currently inside this zone) Target 1: $987 – This is the next major resistance and midpoint of the previous structure. Target 2: $1,070–$1,100 – Retest of the recent breakdown area and 50-day SMA region. Target 3 (extended): $1,250+ – Only if momentum continues and BTC supports the market. Bearish Scenario (If price loses the channel) A breakdown from the channel plus a daily close below $790 would confirm weakness. Downside Targets: •$700 — First Fibonacci + structural support •$620 — Major support zone from 2024 •$500–$520 — Full channel breakdown target Stop-Loss Suggestion •Stop-loss (swing trade): $760 – A daily close below this level means the channel is broken. •Tighter stop-loss (short-term): $780 Summary BNB is sitting on a critical support level. Hold → strong bounce potential. Break → deep correction likely.