BNB continued to face resistance near the $900 level on Thursday, with the token repeatedly touching the mark before slipping back into the high-$890 range. According to the latest Binance trading data, BNB was priced around $897 at the time captured, reflecting a 24-hour gain of more than 4 per cent despite ongoing volatility.
The 24-hour chart shows BNB moving between a low of approximately $851 and a high of around $904, indicating a wide intraday range. Although the recent bounce signals improving short-term sentiment, the price action suggests that buyers are still struggling to establish a stable foothold above $900.
Data from the trading dashboard also indicates a mixed flow of orders. The money-flow breakdown shows significantly higher sell volume in large orders compared with buys over the measured intervals, contributing to pressure on upward momentum. Meanwhile, sentiment from Binance Square reflects a largely optimistic community mood, with 71 per cent voting bullish.
BNB remains above its recent local bottom but continues to trade below key moving averages on the one-day chart. The token’s market capitalisation stands at around $123.8 billion based on the visible data provided. Whether BNB can sustain a move above $900 will depend on how trading volumes and market sentiment evolve over the coming sessions, but current charts indicate that the level remains a firm short-term hurdle.
Disclaimer: This report is based on visible market data and is not financial advice. Crypto markets are volatile; readers should exercise caution.
