BNB Sinks Towards The $804 Low

Binance Coin price has fallen below the 21-day SMA as bulls bought the dips.

BNB price long-term prediction: bearish 

Bulls and bears are engaged in a fierce battle at the 21-day SMA barrier. On the 1st of September, the buyers tried to push the price above the 21-day SMA barrier but were rejected. The buyers intend to take the price back to its previous high of $900.

However, the bears continue to have the upper hand today as the altcoin is rejected at the 21-day SMA. If the bearish momentum continues, BNB risks falling above the $800 support level. In the meantime, BNB price is trading above the 50-day SMA support and below the 21-day SMA resistance.

Technical indicators:  

• Resistance Levels – $800, $850, $900

• Support Levels – $600, $550, $500

BNB/USD daily chart - September 4, 2025

BNB price indicators analysis

The BNB price has fallen between the moving average lines. The moving average lines are trending upwards, indicating a past rally. BNB will have to move in a range between the moving average lines. The altcoin starts to trend up when the moving average lines are broken. On the 4-hour chart, the price bars are moving both below and above the horizontal moving average lines.

What is the next move for BNB?

BNB falls below the important support level of $ 856. On the 4-hour chart, the price bars have fallen below the moving average line, indicating that the cryptocurrency will continue to fall.

However, doji candlesticks have dominated the price action, causing it to slow down. On the downside, the altcoin is returning to the previous low of $830.

BNB/USD price 4-hour chart - September 4, 2025

The altcoin has been trading sideways since its high of $861 on July 28, as Coinidol.com reported. 

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.