BNB Price Action Update

The current price movement shows critical inflection points worth monitoring. Support at 940 remains intact—this is the key level to watch right now. If buyers can hold this zone, we're looking at a legitimate bounce setup.

Here's where it gets interesting: that 946.4 resistance is the real gatekeeper. A clean break above would signal momentum shift, but rejection here is equally probable given the recent price action. If we see that rejection play out, 934 becomes your next rebound target before any deeper pullback.

Now for the risk management side—the 927.7 level marks the hard floor. Go below that, and you're looking at a different market structure entirely. Traders positioning shorts need to respect this boundary; for longs, it's your capitulation point.

The setup boils down to this: hold 940, rally into 946.4, get rejected, bounce to 934, then test that 927.7 floor. Classic price discovery in action.