--- title: "Possible $558 price or bounce to $584 in play for BNB as it sits above $563.28 support with 74% long positions." type: "News" locale: "en" url: "https://longbridge.com/en/news/293442236.md" description: "The price of BNB is currently hovering slightly above a crucial support level at $563.28, facing resistance from key moving averages. A significant 74% of retail traders have taken long positions in this market. In order to avoid a potential downturn, BNB needs to swiftly reclaim the pivot point at $571.53." datetime: "2026-07-22T08:06:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293442236.md) - [en](https://longbridge.com/en/news/293442236.md) - [zh-HK](https://longbridge.com/zh-HK/news/293442236.md) generator: "portal-rs" --- # Possible $558 price or bounce to $584 in play for BNB as it sits above $563.28 support with 74% long positions. The price of BNB is currently hovering slightly above a crucial support level at $563.28, facing resistance from key moving averages. A significant 74% of retail traders have taken long positions in this market. In order to avoid a potential downturn, BNB needs to swiftly reclaim the pivot point at $571.53. ### Related Stocks - [XBNB.US](https://longbridge.com/en/quote/XBNB.US.md) - [VBNB.US](https://longbridge.com/en/quote/VBNB.US.md) ## Related News & Research - [KOGE: 48 Soul Point switches to latest snapshot - 10 Aug 2026](https://longbridge.com/en/news/295330812.md) - [BNB Chain Haber Specs Point To Faster Finality And A More Competitive Network Stack](https://longbridge.com/en/news/292336976.md) - [VanEck BNB ETF Adds BitGo as Second BNB Custodian Under New Custody Agreement](https://longbridge.com/en/news/295280034.md) - [BNB (BNBUSD) Is down 1.05% on Aug 14: Why It Happened](https://longbridge.com/en/news/295926030.md) - [HTX keeps rotating wallets to evade UK sanctions screening: TRM Labs](https://longbridge.com/en/news/293419889.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**