$BNB is facing an important test after the recent rally to $807.49. The price has pulled back to around $786, while EMA7 and EMA25 are both near $789 and EMA99 is around $769.6.
This keeps the $772 area in focus. It is close to the EMA99 and could become the next important correction zone if the selling pressure continues.
The short-term indicators are already weakening: RSI has fallen to 27 and MACD turned negative. That increases the chance of a rebound, but it does not cancel the correction scenario.
For me, the key question is simple: will buyers defend the 769–772 area, or will BNB break below it and continue deeper?
A reaction from this zone could tell us much more than trying to predict the bottom in advance.
This keeps the $772 area in focus. It is close to the EMA99 and could become the next important correction zone if the selling pressure continues.
The short-term indicators are already weakening: RSI has fallen to 27 and MACD turned negative. That increases the chance of a rebound, but it does not cancel the correction scenario.
For me, the key question is simple: will buyers defend the 769–772 area, or will BNB break below it and continue deeper?
A reaction from this zone could tell us much more than trying to predict the bottom in advance.