BNB Price Prediction for May 26: Bulls Defend $655 as Consolidation Follows $692 Rejection
The BNB price today is trading around $660 after rejecting the $692 resistance zone earlier this week. Price action has slowed into a consolidation phase, with lower timeframes suggesting a weakening bullish structure. Still, the broader trend remains intact as long as price holds above key supports near the $647–$651 band.
Amid a slightly risk-off tone across altcoins, traders are questioning: why BNB price going down today despite strong upside earlier this month? The answer lies in short-term momentum loss and tight EMA rejections.
What’s Happening With BNB’s Price?
The recent rally from $603 to $692 marked one of the steepest BNB price spikes since early April. This move was triggered by a clean breakout above the symmetrical triangle on the daily chart, pushing price into a high-liquidity zone just under $700. However, BNB faced stiff resistance at $692, a level previously rejected multiple times between March and April.
On the 4-hour chart, BNB price action has now formed a narrowing descending triangle pattern, with the base forming near $655. Short-term bulls are…
The post BNB Price Prediction for May 26: Bulls Defend $655 as Consolidation Follows $692 Rejection appeared first on Coin Edition.
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BNB Price Prediction for May 26: Bulls Defend $655 as Consolidation Follows $692 Rejection
The BNB price today is trading around $660 after rejecting the $692 resistance zone earlier this week. Price action has slowed into a consolidation phase, with lower timeframes suggesting a weakening bullish structure. Still, the broader trend remains intact as long as price holds above key supports near the $647–$651 band.
Amid a slightly risk-off tone across altcoins, traders are questioning: why BNB price going down today despite strong upside earlier this month? The answer lies in short-term momentum loss and tight EMA rejections.
What’s Happening With BNB’s Price?
The recent rally from $603 to $692 marked one of the steepest BNB price spikes since early April. This move was triggered by a clean breakout above the symmetrical triangle on the daily chart, pushing price into a high-liquidity zone just under $700. However, BNB faced stiff resistance at $692, a level previously rejected multiple times between March and April.
On the 4-hour chart, BNB price action has now formed a narrowing descending triangle pattern, with the base forming near $655. Short-term bulls are…
The post BNB Price Prediction for May 26: Bulls Defend $655 as Consolidation Follows $692 Rejection appeared first on Coin Edition.
Read More
Pump.fun (PUMP) Price Prediction 2025, 2026, 2027–2030