Binance Coin (BNB) Defies Market Volatility Amid Geopolitical Tensions

Despite heightened market volatility triggered by escalating Middle East tensions, Binance Coin (BNB) showcased remarkable stability, maintaining a tight 1% trading range while other altcoins retreated. This article delves into BNB''s resilience during a week where investors liquidated over $700 million in crypto positions within 24 hours following geopolitical upheavals.

BNB Holds Key Support Amid Geopolitical Turmoil

Binance Coin (BNB) demonstrated remarkable stability during a week of heightened market volatility triggered by escalating Middle East tensions. As Israel''s strike on Iranian nuclear facilities provoked retaliatory missile attacks, investors rapidly exited risk assets, liquidating over $700 million in crypto positions within 24 hours.

BNB''s price action defied the broader altcoin retreat, maintaining a tight 1% trading range. The asset found firm support at $640—a critical Fibonacci level—while facing resistance NEAR $660. Market structure reveals active sellers at $655.50 countered by strong buyer interest around $649.

Technical indicators paint a conflicted picture: the MACD turned bearish and RSI hovered below neutral, yet the approaching 50/200-day moving average golden cross and positive Chaikin Money FLOW suggest latent upside potential. This divergence mirrors the market''s struggle to price geopolitical risk against blockchain fundamentals.

Binance Coin Price Prediction: Bulls Eye $700 as MACD Turns Positive

Binance Coin (BNB) shows bullish momentum as the MACD indicator crosses into positive territory, with traders eyeing a potential push toward $700. Price action remains range-bound, but key support near $648.84–$651 holds firm, signaling short-term confidence among buyers.

Resistance at $655.49 poses the next challenge, with a breakout potentially opening the path to $660. Analyst Trader Rai highlights BNB''s behavior at the $651.32 level as critical for determining the next directional move.

Bitcoin Corrects Sharply but Orderly, Binance Liquidation Event Draws Attention

Bitcoin''s price tumbled from $110,000 to $103,000 in a matter of hours, marking one of its steepest corrections in recent months. The drop triggered significant liquidations on Binance, though the event lacked the chaos of previous sell-offs. Unlike past wipeouts that erased billions in Leveraged positions, this decline remained controlled—no single long position above $200 million was fully liquidated.

Technically, Bitcoin now hovers just above its 100-day moving average after dipping below the 50-day EMA earlier in the day. The $98,000 level—near the 200-day EMA—emerges as critical support if selling persists. A rebound above $103,000 could signal renewed bullish momentum.