BNB Price Prediction for May 26: Bulls Defend $655 as Consolidation Follows $692 Rejection

The BNB price today is trading around $660 after rejecting the $692 resistance zone earlier this week. Price action has slowed into a consolidation phase, with lower timeframes suggesting a weakening bullish structure. Still, the broader trend remains intact as long as price holds above key supports near the $647–$651 band.

Amid a slightly risk-off tone across altcoins, traders are questioning: why BNB price going down today despite strong upside earlier this month? The answer lies in short-term momentum loss and tight EMA rejections.

What’s Happening With BNB’s Price?

The recent rally from $603 to $692 marked one of the steepest BNB price spikes since early April. This move was triggered by a clean breakout above the symmetrical triangle on the daily chart, pushing price into a high-liquidity zone just under $700. However, BNB faced stiff resistance at $692, a level previously rejected multiple times between March and April.

On the 4-hour chart, BNB price action has now formed a narrowing descending triangle pattern, with the base forming near $655. Short-term bulls are attempting to defend this zone, which overlaps with the 50 EMA and lower Bollinger Band. But if this base fails, a deeper pullback toward $648 or even $637 could unfold.

Indicators Suggest Fading Momentum

The RSI on the 30-minute and 4-hour charts is hovering around 35.5, reflecting waning bullish pressure and a dip into neutral-to-bearish territory. Notably, the RSI has consistently failed to reclaim 50, suggesting buyers are losing grip near key intraday levels.

The MACD further supports this view, with the 30-minute MACD showing a widening gap between the signal and MACD line in negative territory. The histogram also continues to print red bars, implying that momentum remains tilted to the downside.

This shift in momentum explains why BNB price going down today, despite holding above major trendlines.

Bollinger Bands and EMA Levels Define The Reversal Zone

Bollinger Bands on the 4-hour chart are tightening again after a post-breakout expansion earlier this week. Price is trading near the lower band at $655, which has acted as dynamic support during the current consolidation. However, without a surge in volume or a positive divergence, a breakdown could open up further weakness.

The EMA cluster between $662 and $668 is now acting as resistance, with the 20 and 50 EMAs sloping downward. BNB must reclaim this zone to shift short-term structure back in favor of buyers.

Weekly Fibonacci Holds Above 0.382 As Bulls Eye Retest

From a broader lens, BNB is still trading above the 0.382 Fibonacci retracement level of $643, derived from the $400–$781 rally on the weekly chart. Holding above this level preserves bullish structure, but any close below it could shift the medium-term view toward neutral.

If bulls manage to reclaim $674–$680, the upside potential toward $701 (0.236 Fib) reopens. Until then, the bias remains cautiously bullish, but with clear downside risk if $647 breaks.

BNB Price Prediction for May 26

If BNB price today holds above the $655–$651 support cluster, a short-term rebound toward $665 and $672 could play out. But unless the $674–$680 zone is reclaimed convincingly, sellers may remain in control, with the $692 rejection acting as a local top.

In the downside scenario, a daily close below $651 may expose BNB to the $637 demand zone, followed by a potential revisit to the $622–$615 support pocket.

With volatility tightening, the BNB price is approaching a decision point. A sustained move above the EMA cluster could revive bullish momentum, while any break below $647 would likely usher in further short-term weakness.