Here’s Why Binance Coin (BNB) Price Could Dip Before Its Next Move

The Binance Coin (BNB) chart is starting to flash a setup traders haven’t seen in a while – and analyst Batman is already calling attention to it. 

According to his latest breakdown, the BNB price is forming a head-and-shoulders pattern on the lower timeframe, one of the most recognizable bearish structures in technical analysis. 

What makes this setup more interesting is the unfilled Fair Value Gap sitting right below current price. Batman says that gap is acting like a magnet, and the chart supports that idea.

When you combine a bearish pattern, an inefficiency below price and a clean confluence with both a Fibonacci zone and an order block, the story becomes simple: BNB may need to move lower before it can move higher again.

What the BNB Chart Is Showing Right Now

The BNB price has been trending upward for the last few weeks, but the recent price action has started to cool off. 

You can clearly see the left shoulder, the head, and the developing right shoulder forming across the lower timeframe. Each rally attempt has been slightly weaker, suggesting that buyers are losing momentum for now.

Just underneath the neckline sits a clean Fair Value Gap, the same zone Batman pointed out. When price leaves an imbalance like that behind, it almost always returns to fill it before continuing the bigger trend. 

That FVG is sitting in a zone the market hasn’t properly revisited, so it makes sense that BNB could slide back into it.

The structure doesn’t look aggressively bearish, but it does suggest the market wants to rebalance before choosing a direction.

Read Also: Bears Anticipate ZCash (ZEC) Price Crash, But the Chart Tells a Bullish Story

Source: X/BATMAN

Moreover, the nearest support sits right at the top of the FVG zone. If the BNB price does retrace into this area, the reaction becomes crucial. A strong bounce would show that buyers are still in control and that the pattern was simply a corrective pullback.

Above current price, the main resistance sits where the right shoulder is forming. This level keeps rejecting attempts to move higher, which gives the pattern even more structure. If buyers can’t break above it soon, the retracement becomes even more likely.

BNB Price Prediction: Where It Could Go Next

If BNB dips into the FVG, the move would line up perfectly with a clean Fibonacci retracement level and a nearby order block. Batman highlighted both as potential entry zones, and the chart agrees – these areas often act as strong reaction points in healthy trends.

Should the BNB price find support there, the broader uptrend can continue, and the market may attempt another leg higher. But if buyers fail to defend that zone, the pattern could extend into a deeper correction and test the next lower support levels.

For now, the narrative is simple. The structure isn’t bearish in the long run, but the market looks ready for a reset. A dip before the next major move may be exactly what BNB needs to rebuild strength.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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