The BNB course is again focused on $ 1,000

At the time of writing, BNB is negotiated around $ 865, which is more than 4 % per month and 1.7 % last week. This resistance maintains the confidence of buyers, but the on-chain signals and techniques indicate that the next rally represents around $ 1,000 depends on the market response to a critical price.

Decline

One of the most revealing indicators for the BNB price dynamics is the unrealized profit/loss (NUPL) network of short -term holders. This indicator follows if short -term investors – generally those who have parts for less than 155 days – achieve profits or losses compared to their purchase price.

At the summit of August 22, when the price of BNB reached $ 899, the short -term Nupl was 0.16, which means that most of them were still profit. As of August 27th at the same time fell to 0.11, although the price dropped only by about 5 % to $ 855.

This imbalance shows that the recipient’s margin for the new holders were much more closed than the price itself. To put it simply, fewer traders make significant profits, which reduces the urgency of profits. This change often stabilizes the market because the sales pressure decreases while the buyers continue to accumulate.

Hidden Bull Divergence indicates the power of buyers

Another key signal comes from the relative force index (RSI). RSI is a momentum indicator that measures the power of purchase or pressure on a scale of 0 to 100.

Between August 19 and 25, the price of BNB created a higher cavity, but RSI monitored the lower cavity. This configuration is known as hidden bull divergence and reflects the buyer’s connection. Although the values ​​of the momentum weakened, the buyers hit earlier and refused to have the BNB returned to deeper cavities.

This type of divergence often occurs in strong bull trends. It shows that sellers have tried to push the market to drop, but faced new demand. At the cost of BNB, this suggests that recent consolidation is not exhaustion, but preparation for a possible continuation of the wider rally.

Other key indicators define further movement price BNB

Another decisive step for Binance coin comes into key areas of resistance. The thermal card of the basic programs shows where large groups of parts were purchased for the last time, emphasized by areas where sellers could try to get rid of their assets.

The thermal card and the price of prices point to an important wall between $ 862 and $ 871.

This dense selection cluster explains why the BNB course tried to close above these levels several times. Currently, the price is changing in gang 829 to $ 869 and history shows discharge at these points of resistance.

However, a clear daily fence over $ 869 would confirm the bull breakthrough. And it would open a trip around $ 1,000, which is one of the key price goals for BNB.

Only a decline in $ 829 would reverse the short -term prospects of a descending trend.

Morality History: BNB lies only at the top.