BNB has shown a clear shift in momentum on the 1-hour time frame between 13 November 2025 and 3 December 2025, bouncing from a major dip near the $790 zone and climbing back toward the $896–$900 range. The chart highlights several important technical phases—extended consolidation, a sharp breakdown, and a strong recovery rally—indicating improving sentiment among traders.
Downtrend from mid-November
Between 13 November and 25 November, BNB moved in a broad downward channel. Multiple lower highs and lower lows confirm the trend, with price consistently trading below the 99-period moving average (MA99), signalling weakened short-term momentum.
The sharp breakdown to $790
A decisive breakdown occurred toward the end of November, when BNB briefly fell to nearly $790.79, marking the lowest point in this range. This level acted as a strong support, triggering immediate buying interest.
Recovery begins: Trend shift
After hitting the $790 zone, BNB started forming:
- Higher lows
- Higher highs
- Repeated tests of the MA25 and MA50
- A bullish crossover above MA99
This indicates a shift from downtrend to early uptrend on the 1H chart.
Strong upward rally toward $896–$900
BNB rallied steadily from the $800–$820 band and pushed upward toward $896.55, which is the current price at the latest candle. The slope of moving averages shows upward curvature, reinforcing bullish momentum.
Resistance near $900
The chart shows visible hesitation near the $898–$900 zone, which has acted as a short-term resistance.
A clean breakout above $900 with sustained volume could open the path toward the recent swing highs seen earlier in the chart.
Support levels visible on the chart
- $790–$800: Strong demand zone
- $840–$850: Intermediate support
- $870: New support formed after the recent recovery
Final outlook based on the chart
The trend on the 1-hour chart (13 Nov – 3 Dec) indicates:
- Downtrend phase (13 Nov – late Nov)
- Sharp dip to major support (~$790)
- Clean reversal structure
- Price reclaiming key moving averages
- Renewed bullish momentum up to $896+
If BNB holds above $870, the chart suggests the recovery trend can continue. But a fall back below MA50 or MA99 may slow the momentum.
Disclaimer: This article is for news reporting and informational purposes only. It is based solely on chart observations and does not constitute investment advice or trading recommendations.