BNB Wave Analysis – 18 August 2025

BNB: ⬇️ Sell

– BNB reversed from strong resistance level 859.00

– Likely to fall to support level 810.00

BNB cryptocurrency recently reversed from the resistance zone located between the strong resistance level 859.00 and the upper daily Bollinger Band.

The downward reversal from this resistance zone is likely to form the daily Japanese candlesticks reversal pattern Bearish Engulfing.

Given the strength of the resistance level 859.00 and the overbought daily Stochastic, BNB cryptocurrency can be expected to fall to the next support level 810.00 (low of the earlier wave ii).

Source: https://fxpro.news