$BNB
$BNB has seen significant volatility recently, trading below earlier cycle highs and showing oversold technical conditions (very low RSI), which often precede short-term bounces. �
MEXC
Technical forecasts suggest possible near-term recovery ranges around $650–$700 or even higher toward $950–$1,050 if bearish pressure eases and buying momentum returns. �
MEXC +1
Momentum indicators (MACD, RSI) show mixed signals: current bears may be stalling, leaving window for a rebound if support levels hold. �
MEXC
Bullish Drivers:
Institutional interest & macro catalysts: Predictions from major institutions (e.g., Standard Chartered) forecast BNB potentially rising strongly (e.g., $2,775 by 2028) if macro sentiment improves and ETF proposals succeed. �
CoinCodex
Ecosystem strength: $BNB Chain utility, deflationary burn mechanism, and integration across Binance’s exchange and DeFi products support long-term demand. �
CoinMarketCap
Bearish Risks:
Regulatory challenges and broader crypto downturns can keep pressure on price. Retail sell-side dominance and negative funding rates could suppress rallies. �