Binance Coin Analysis: Will BNB Rebound Above $885 or Fall Below $817?

Binance Coin (BNB) continues to cool after a record high near $900, but its network activity remains strong. While netflows indicate accumulation with -$2.66 million in outflows suggesting traders are buying, futures data shows a bullish narrative, highlighting the dominant long position at 72%. The recent pullback has BNB price hovering around $854. Although the chart is showing signs of strength within a long-term rising channel, some key support levels need to be monitored.