BNB Price Holds Above $1,000 as Buyers Maintain Defensive Support
The post BNB Price Holds Above $1,000 as Buyers Maintacom. BNB is showing signs of stabilization after a pronounced correction from its recent yearly peak, with the price now consolidating above the key $1,000 support level. Market participants are observing whether improving momentum can transition into a sustained breakout or whether consolidation will extend before the next directional move. The current price structure suggests cautious accumulation as buyers gradually regain presence near established support zones. Higher Lows Signal Support Strength, Notes Second Analyst Analyst commentary from @hocca_official observed that at the time of reporting, the coin traded near $1,004. 22, reflecting a 0. 78% intraday gain. On the lower-timeframe structure, the coin appears to be consolidating above the $1,000 level following a breakout attempt, with short-term positioning showing measured profit-taking rather than active sell pressure. According to the analyst, any corrective move is likely to revisit this area as a potential dip-buying opportunity. Price action continues to form higher lows, suggesting the presence of responsive buyers defending downside retracements. However, resistance near $1,025 remains a notable cap on upward progression. A daily close above $1,025 may unlock an extension toward the $1,050-$1,080 region, while a failure to hold above $1,000 could lead to a measured pullback toward $975. As long as the ascending trendline remains intact, the short-term structure favors gradual upside continuation. Market Data Notes: Strengthening Accumulation Zone BNB is trading at $1,004. 41, marking a 1. 87% gain in the past 24 hours, according to data from BraveNewCoin. The token’s market capitalization currently stands at $138. 35 billion, supported by a daily trading volume of $1. 84 billion. The asset’s available supply remains steady at 137. 73.