#BNB#


🪙 On August 7th, BNB broke through the 20-day moving average (779 USD), which means that the selling pressure from bears is weakening, and bulls are starting to have some ideas.

🐂 Bullish Script

Next, the bears may defend the positions at $794 and $815, but if the bulls break through strongly, BNB has the chance to head straight for the historical high of $861.

🐻 Bearish Script

If BNB drops back and closes below $761, that would be a sign of weakness, possibly looking towards $732 first. If it is pressured below the 50-day moving average ($715), the short-term top is likely confirmed.

📌 Key Points of Operation

Key support: $761 → $732 → $715

Resistance above: $794 → $815 → $861 (historical high )
BNB-0.34%
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