$BNB — Breakout or Deeper Pullback? 📊
BNB rallied to $741.99 but faced strong rejection. Price is now around $732.88, and the latest red candle shows increased selling volume.
Resistance: $736–$739
Support: $731–$729.50
A recovery above resistance with strong volume and a successful retest could bring another test of $741.99.
If support breaks, a move toward $727 becomes possible.
No chasing after a big candle. Waiting for confirmation and defined risk.
#BNB #BinanceCoin #CryptoAnalysis #priceaction #BinanceSquare
BNB rallied to $741.99 but faced strong rejection. Price is now around $732.88, and the latest red candle shows increased selling volume.
Resistance: $736–$739
Support: $731–$729.50
A recovery above resistance with strong volume and a successful retest could bring another test of $741.99.
If support breaks, a move toward $727 becomes possible.
No chasing after a big candle. Waiting for confirmation and defined risk.
#BNB #BinanceCoin #CryptoAnalysis #priceaction #BinanceSquare