BNB/USDT Market Overview

• BNB/USDT opened at $1110.18 and closed at $1133.43, rallying with a 24-hour high of $1139.20 and a low of $1108.28.
• A bullish trend continued, with price surpassing key resistance levels and forming strong bullish engulfing patterns.
• Volatility expanded mid-day, with Bollinger Bands widening and price touching +2σ multiple times.
• RSI surged into overbought territory during the session, indicating strong momentum but potential near-term profit-taking.
• Notional turnover increased sharply during the final hours of the session, confirming the strength of the recent rally.

BNB/Tether (BNBUSDT) opened at $1110.18 on October 25, 2025, at 16:00 ET and closed at $1133.43 on October 26, 2025, at 12:00 ET. The pair reached a high of $1139.20 and a low of $1108.28, with a total volume of 56,000.21 BNB and a turnover of $62,284,250.49 over 24 hours. Price action reflected a strong upward bias, with key resistance levels at $1130–$1135 being tested and eventually surpassed.

Structure & Formations

Price formation on the 15-minute chart was predominantly bullish, marked by several bullish engulfing patterns between $1110 and $1115. A key support level was identified at $1115, which was tested multiple times without a breakdown. Resistance levels at $1130, $1135, and $1140 were tested as the price surged higher. A large bullish candle on the 15-minute chart near $1135–$1139 signaled strong conviction among buyers. A Doji appeared near $1138.19, indicating a potential pause in upward momentum.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both were below the closing price, indicating an ascending trend. The 50-period line crossed above the 20-period line in a “golden cross” pattern, reinforcing the bullish bias. On the daily chart, the 50-period MA was below the 200-period MA, with price above both, suggesting the trend remains in an uptrend phase.

MACD & RSI

The MACD line crossed above the signal line in the morning session, signaling a bullish momentum shift. The histogram showed a strong positive divergence with price, confirming the strength of the rally. RSI climbed above 70 into overbought territory, especially around the $1135–$1140 range, signaling potential consolidation or pullback ahead.

Bollinger Bands

Bollinger Bands expanded significantly during the session, reflecting heightened volatility. Price touched the upper band multiple times, particularly during the late morning and early afternoon, with several candles closing near +2σ. This suggests aggressive buying pressure and a high-risk environment as the price approaches upper extremes.

Volume & Turnover

Volume spiked sharply in the last hours of the session, especially during the 14:00–16:00 ET period, confirming the price surge. Notional turnover also increased, with a strong positive correlation between rising price and rising volume, indicating genuine buying pressure rather than wash trading or manipulative behavior. A divergence was observed around 10:30–11:00 ET, where volume was relatively low despite a significant price gain, suggesting some consolidation ahead.

Fibonacci Retracements

On the 15-minute chart, price retested the 61.8% Fibonacci level at $1124.46 before surging higher. The 78.6% level was at $1135.43, which was briefly pierced, suggesting a potential extension of the rally. On the daily chart, the 38.2% and 50% levels were below the current price, indicating a strong bullish structure. A breakdown below $1125 could trigger a retest of the 61.8% level at $1115.

Backtest Hypothesis

A potential backtest strategy could involve entering long positions when a golden cross (20-period MA crossing above 50-period MA) occurs on the 15-minute chart and confirming with a bullish engulfing pattern and RSI above 50. A stop-loss could be placed below the nearest Fibonacci support level, with a take-profit target at the next resistance level or 1.618 extension. This approach aligns with the recent price action, where momentum indicators and volume confirmed the strength of the trend.