BNB Price Update: Technical Indicators Point to Weak Momentum Amid EV2 Token Presale Buzz

BNB trades near $948 with bearish signs as RSI nears oversold levels. EV2 Token presale gains traction on Ethereum and Avalanche. BNB’s downward trend, as indicated by technical indicators, contrasts with the hype surrounding the EV2 Token presale, highlighting the evolving dynamics of the crypto market.

BNB Price Weakens as Traders Eye $940 Support and EV2 Presale Momentum

Binance Coin continues to face downward pressure, hovering near $948 as bearish indicators weigh on sentiment. Meanwhile, Funtico’s EV2 Token presale gains attention across Ethereum and Avalanche networks, fueling renewed interest in blockchain-based gaming innovations.

Binance Coin Faces Short-Term Downtrend

As of writing, the Binance Coin traded at $948.23 on November 12, recording a 1.03% daily decline. Candlestick patterns show a sustained downward trend after a previous rally near $1,400. The current range of $940–$980 reflects consolidation, suggesting potential accumulation while bearish pressure persists.

Since late October, BNB has shown a series of lower highs and lower lows. This pattern indicates sellers maintain control over price movements. Support at $950 has been tested multiple times, and failure to hold this level could see BNB target $900 or $880. Traders are monitoring these zones closely for potential recovery or further decline.

Binance Coin (BNB/USDT) Daily Chart – Bearish Momentum Persists Below $950 as MACD Weakens and RSI Nears Oversold Territory (Nov 12, 2025), source Tradingview.

MACD, RSI, and Funding Rate Prediction

The MACD line is positioned at –30.96 below its signal line at –38.56, with the histogram at –7.60 confirming bearish momentum. A slight contraction of the histogram may indicate a pullback of selling pressure, leading to possible short-term sideways movement before the next move in a direction.

The Relative Strength Index (RSI) is currently 36.75, close to oversold territory, with its average at 40.75. A recovery of better than 45-50 could suggest upside momentum. Fund readings from CoinGlass were positive from July to September, which contributed to BNB’s mid-year rally. However, readings have since turned negative, reflecting the price correction from $1,400.

Currently, funding is near neutral and slightly negative, reflecting reduced leverage exposure and market indecision. Traders will likely be watching for a normalization to above zero, which may indicate renewed buying interest, while net negative funding may weigh on BNB towards $880.

BNB Open Interest (OI)-Weighted Funding Rate – Bearish Funding Pressure Deepens as BNB Price Corrects from $1,400 Peak (Coinglass)

EV2 Token Presale and Game Updates

EV2 Token presale is active on the Ethereum blockchain, providing 1.15 billion tokens priced at $0.01. This token will serve as the currency in the EV2 game, which is integrated with Avalanche’s blockchain. Players will be able to gain tokens from gameplay, buy in-game items, and trade NFTs in the marketplace.

We have new game modes, including Survival Match and Fracture, that will replace the former Death Mist game mechanic. Fracture pits players (25) against each other in a free-for-all, chaotic battle where players collect colored-coded cubes to reveal a secret relic. The cubes are set back to a fixed point each time the player dies, and players can also steal the cubes from other players. Every time a player captures the relic, a five-minute timer will start, and points will be awarded for being the backup winners.

EV2 Presale is Live! Join Now →

The presale enables users to access the Web3 gaming ecosystem early. Token ownership is tied to earning future in-game rewards. Players can find comfort in Avalanche’s scalable solution, which will ensure seamless gameplay; Ethereum will ensure the token sale runs smoothly and securely.

Conclusion

The technical outlook for BNB remains modest, as bearish momentum is still evident below the price limit of $950. However, a rebound could be imminent if funding rates stabilize and RSI recovers back over the 45% threshold. Funtico, through the EV2 Token presale, brings optimism to the broader crypto ecosystem through gaming innovation tied to blockchain technology.

EV2 Presale

• Website: https://ev2.funtico.com/
• Telegram: https://t.me/EV2_Official
• Twitter/X: https://x.com/EV2_Official