BNB Coils at $780, 69% Longs Set Up Big Move

BNB is currently trading at $777.51, just above its daily pivot at $774.61, after posting a modest +0.86% gain in the last 24 hours.

The chart shows BNB coiling for its next big move, with price bouncing between $763 and $783 overnight.

Smart money and retail are stacked long on BNB, with 69.3% of retail traders positioned long, while top traders hold 67.7% long.

The trend is bullish, but momentum has gone flat at a critical juncture, with the MACD line and its signal line converging to an identical reading, printing a histogram of exactly zero.