Binance Coin (BNBUSD) price held steady with gains in its latest intraday trading, supported by ongoing movement above its 50-day SMA. The short-term main bullish trend remains in control, with trading moving along an upward slope line. The price is preparing to test the important resistance level of 949.50, helped by positive signals in the Stochastic indicators after reaching strongly oversold levels.

Therefore, we expect the currency to rise in its upcoming intraday trading, especially if it breaks the mentioned resistance of 949.50, to then target its next resistance at 980.00.

Todays price forecast: Bullish.