$BNB Analysis BNB/USDT (chart 1D) – 23/07/2025

✅ Trend:

The price is in a strong uptrend, EMA7 (758) crosses above EMA34 (697) and EMA89 (665).

Currently trading around 791, near the peak of 804.

Volume is gradually increasing, MACD is strongly positive, indicating that the uptrend remains good.

⚠️ However:

The price has quickly risen from the range of 600 to nearly 800, the likelihood of a short-term correction is high.

Today's candle is getting smaller, indicating that buying power is showing signs of slowing down as it approaches resistance at 800.

🎯 Buying strategy:

Do not fomo buy at the peak.

Wait for the price to correct to the strong support range of 725–750 (EMA7 or EMA20), where new buying power may emerge.

If the price breaks 805 with high volume, a small breakout order may be entered, but manage risk tightly as it is far from MA20.

👉 Conclusion: The uptrend is good, look for correction points to buy safely, avoid chasing when RSI is already quite high.