BNB Eyes $1,500 Recovery as Buyers Defend Key Support and Momentum Strengthens

Markets 2025-10-16 10:06

BNB Eyes ,500 Recovery as Buyers Defend Key Support and Momentum Strengthens

Binance Coin continues to display strong resilience as buyers maintain control above critical support zones, hinting at renewed bullish momentum across the broader crypto market.

The token’s structure suggests that confidence among holders remains firm despite recent volatility, with analysts now projecting a potential push toward the $1,500 mark if buying pressure sustains through the coming sessions.

BNB Holds Above Inversion Zone as Buyers Regain Short-Term Control

According to recent technical insights shared on X, Binance coin has shown a robust defense of its short-term support at $1,069.75, rebounding quickly and holding above the $1,140 level. This price behavior in the “inversion zone” highlights how buyers continue to absorb sell-side pressure, stabilizing the market after a brief retracement.

BNB Eyes ,500 Recovery as Buyers Defend Key Support and Momentum Strengthens

Source: X

The swift recovery from lower levels underscores strong market commitment, as participants remain positioned for a potential continuation of the upward move. Price consolidation above the support region also signals confidence, with limited evidence of panic selling or forced liquidation.

Analysts suggest that a confirmed breakout above $1,200 could reignite bullish interest and attract momentum buyers, validating the structure of higher lows visible across recent sessions. A daily close above this threshold would likely serve as a trigger for fresh upside targets, extending toward local highs as the broader market sentiment improves.

BraveNewCoin Data Shows Solid Market Capitalization and Liquidity Retention

Additionally, data from BraveNewCoin shows BNB maintaining a market capitalization of $167.28 billion and a 24-hour trading volume of $8.82 billion, ranking 4th globally. Despite an 8.15% daily decline, the asset remains among the most liquid large-cap cryptocurrencies, reflecting consistent participation from institutional and retail holders.

BNB Eyes ,500 Recovery as Buyers Defend Key Support and Momentum Strengthens

Source: BraveNewCoin

Trading within the range of $1,140 to $1,260, the token continues to show relatively stable order-book activity even after short-term price compression. This stability highlights a market still anchored by strong fundamentals, where volatility is largely driven by attempts to reclaim upper resistance near $1,200.

Technicals Sees $1,500 Target If FVG Resistance Breaks

In a separate analysis shared by Nehal, BNB is seen trading near $1,192.82 after recovering from the $1,150 support zone, depicted on the chart by a grey box representing an area of renewed buying activity. This zone has acted as a pivotal region of stabilization, cushioning the price after a retracement from highs near the $1,380 all-time high.

BNB Eyes ,500 Recovery as Buyers Defend Key Support and Momentum Strengthens

Source: X

Nehal identifies a Fair Value Gap (FVG) resistance region between $1,230 and $1,250, marked in red, as the next key test for the asset’s momentum. A sustained close above this range could confirm a technical breakout, setting the stage for a push toward $1,500 in the short term.

Below the current trading structure, the $1,000 psychological support remains an important technical anchor. If buyers fail to maintain the grey support zone, this level may come into focus as the next area for accumulation and potential long-term entry. However, with strong defense at $1,140 and a tightening structure toward the FVG zone, sentiment appears increasingly favorable for upward continuation in the near term.

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This content is for informational purposes only and does not constitute investment advice.

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