THELOGICALINDIAN - BNB Is attempting to set a new almanac downwards
Binance Coin charcoal beneath abundant downside burden as the ages of September ends, with the BNB / USD brace on advance for a fourth after ages of trading losses. At accepted trading levels, the cryptocurrency trades bottomward by over thirty-five percent on a account basis.
With the absolute agenda bill bazaar in decline, the aisle of atomic attrition is still to the downside, with assorted time frames still advertence added double-digit losses advanced for the cryptocurrency.
The eight-largest cryptocurrency by bazaar assets has breakable over sixty-five percent in amount back its 2025 amount peak, although it is still trading over one-hundred and fifty percent college back the alpha of 2025.
A ample arch and amateur arrangement on the circadian time anatomy was triggered at the end of August, added auspicious traders to abbreviate the BNB / USD pair. The circadian time anatomy is currently suggesting the BNB / USD brace could abatement as far as the $10.00 level.
The circadian time anatomy additionally shows that a bearish death-cross is currently underway, while the RSI indicator on the circadian time is now at its best oversold akin back November 2025.
Bullish MACD amount alteration created during the September 22nd to September 24th abatement suggests that a able upside assemblage could action already the BNB / USD brace alcove its all-embracing downside target.
According to the latest affect abstracts from TheTIE.io, the concise affect appear Binance Coin is bearish, at 40.00 %, while the all-embracing abiding affect appear the cryptocurrency is neutral, at 55.00%.
Upside Potential
The four-hour time anatomy highlights a bottomward amount channel, with the $15.50 akin the top of the amount channel. The mentioned time anatomy additionally shows that the cryptocurrency will charge to accost the $17.00 akin to accost its concise bullish status.
The circadian time anatomy highlights the $17.00 as a key attrition level, while the BNB / USD brace will charge to move aloft the $26.60 akin to about-face technically bullish again.
Downside Potential
The BNB / USD pair’s multi-month trading low, at $14.35, is currently the arch anatomy of concise support, above-mentioned to the bottom-end of the bottomward amount approach on the four-hour time frame, at $13.50.
The circadian time anatomy is currently assuming that the afresh triggered bearish arch and amateur arrangement is advancing completion, with the $10.00 akin the all-embracing bearish target.
Summary
Binance Coin is still beneath amazing downside burden and looks set to column its fourth-straight ages of losses.
The circadian time anatomy acerb suggests that the BNB / USD brace may abatement appear the $10.00 akin afore a acceptable upside accretion takes place.
Check out our bread guide for BNB to accept how it works.
We additionally conducted a abysmal assay of the Binance Exchange badge in our DARE.
