The pullback is finding support in the $761 to $732 zone. A shallow pullback signals the bulls are not hurrying to book profits as they anticipate another leg higher. If the price turns up from the current level and breaks above $809, the BNB/USDT pair could surge to $900.

Sellers will have to pull and maintain the price below the 20-day SMA ($714) to prevent the upside. Such a move suggests that the break above the $794 level may have been a bull trap.