In a sharp move over the last 24 hours, Binance Coin ($BNB

) has fallen below the critical $750 level, logging a 1.67% decrease — and the crypto community is watching closely.

📉 BNB Price Breakdown

The drop to sub-$750 territory marks a short-term shift in BNB’s bullish momentum, raising questions about whether this is a minor correction or a potential trend reversal. After riding a strong uptrend for weeks, BNB now faces a key test of support near the $740–$745 range.

Current Price: ~$748

24H Drop: -1.67%

Support Zone: $740–$745

Resistance Level: $770+

Technical indicators suggest a weakening buying pressure, with the Relative Strength Index (RSI) moving toward neutral zones, and trading volumes showing a slight decline.

---

🧠 What’s Driving the Dip?

Several factors could be behind the latest move:

1. Profit-Taking at Resistance: $BNB recently touched multi-month highs near $770, prompting traders to book profits.

2. Market-Wide Slowdown: A cooling sentiment in the broader crypto market over the last 48 hours has put downward pressure on major coins.

3. Regulatory Uncertainty: Ongoing global scrutiny of centralized exchanges like Binance may be creating short-term investor anxiety.

---

🔍 Analysts Remain Divided

Some analysts view the current dip as a healthy pullback, while others warn of a deeper correction if BNB fails to hold the $740 support.

> “$BNB is still in a macro uptrend,” says crypto strategist @AlphaSignals. “This dip may present a buying opportunity if it consolidates above $740.”

Meanwhile, short-term bearish traders are eyeing the $720 level as the next major downside target if support breaks.

---

🔐 On-Chain Metrics Still Bullish

Despite the price drop, BNB’s on-chain data remains strong:

Exchange Outflows have increased — a sign long-term holders are moving coins to cold storage.

Network Activity and BNB Chain usage remain steady, especially across DeFi and NFT platforms.

Whale Accumulation is holding firm, suggesting big players are not panicking.

---

📊 What's Next for BNB Traders?

If BNB can bounce back above $750 and reclaim $760, bulls might regain control and push toward the $800 mark in the coming weeks.

However, failure to hold current levels could open doors to a deeper retest of $700 or even $680 — a key psychological zone from earlier in the year.

Key Levels to Watch:

Support: $740 / $720

Resistance: $760 / $785 / $800

---

🧩 Final Thoughts

BNB’s dip below $750 may seem concerning, but context matters. In a volatile market, short-term pullbacks often pave the way for healthier rallies — especially when fundamentals and on-chain metrics remain positive.

Traders should stay alert, manage risk, and keep an eye on key levels.

📌 Follow Binance Square for the latest updates on BNB and top crypto assets.