BNB has been one of the strongest large-cap performers lately, breaking above the $1,340 mark to reach a new all-time high a few hours back. The BNB price is still up 3.3% in the past 24 hours at press time and more than 27% over the last seven days.
However, it has cooled about 3.4% from that recent high. The charts now suggest that this pullback might extend a little further — but that may not be a bad thing. In fact, it could be what BNB needs to build strength for the next leg higher.
Previous Fractal and Unrealized Profits Hint at a Healthy BNB Cooldown
BNB’s current 12-hour chart appears to be replaying an earlier breakout setup — a bullish flag-and-pole fractal that led to a 28% rally earlier in the cycle. In that previous structure, the BNB price first rallied sharply from $840 (point A) to $1,080 (point B), then corrected about 13.9% down to $930 before continuing higher to $1,270 and beyond.
Now, a nearly identical pattern has taken shape again. The new “pole” runs from A1 to B1, peaking at around $1,340. The next stage — the “flag” — typically involves a mild cooldown before another breakout.
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This expected BNB price correction is further backed by bearish RSI divergence. On the 12-hour chart, while price made a higher high, the Relative Strength Index (RSI) — a measure of momentum — made a lower high. Such divergence usually signals that buying momentum is slowing, making a short-term pullback likely.
While this kind of divergence usually signals trend reversal on the higher timeframe, on the 12-hour chart, it could mean a healthy BNB price pullback.
Adding to that, the short-term holder NUPL (Net Unrealized Profit/Loss) has jumped from 0.128 on September 25 to 0.345 as of October 7 — its highest level this year and a 170% surge. Rising NUPL (currently at the highest yearly levels) means more traders are sitting on unrealized gains, often marking local tops.
A similar NUPL spike on July 27, 2025, preceded a 13% correction, validating the probability that another 13%-14% drop could play out to complete the flag portion of this fractal.
BNB Price Levels to Watch as Pullback Looks Likely
If the BNB price pattern holds, a pullback toward $1,190–$1,130 would match the depth of the previous correction. This zone aligns with key Fibonacci levels, making it a strong area for bulls to reenter. That would also complete the bull flag formation, as mentioned previously in our fractal analysis.
From there, a bounce could target $1,550 (1.618 extension) and $1,820 (2.618 extension), both derived from the same trend-based Fibonacci projection used in the previous cycle.
If the BNB price closes a 12-hour candle below $1,130, the continuation thesis would weaken, and deeper losses could follow.
For now, both chart structure and on-chain data suggest that a short-term dip might not be a threat — it might be BNB’s next launchpad.
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