$BNB On the daily chart, BNB is trading above $700 and is struggling to stay above the short-term resistance zone. The 50-day simple moving average (SMA – red line) remains below the 200-day SMA (green line), indicating cautious sentiment. However, the price is approaching the 200-day SMA, and a successful breakout of $720 could confirm bullish momentum. The current price range of $700 is a potential area to open long positions, but traders should only trade with low leverage. Strong price movements are likely due to the trade war and news related to new tariffs. If traders want to use high leverage, they should wait for the price to correct deeply into the strong support range of $600 to open long positions. Important resistance levels remain at $700-800 — these are potential targets for long positions. An additional signal to open long positions is when the price sustains above the 200-day SMA on the chart