Resistance and Support Levels

Resistance: The recent high around $861.10 (visible on the chart) and the all-time high of $859.5629 act as strong resistance zones. If the price reverses upward, it may face resistance around $850 - $860.

Support: The immediate support level is at $792.12 (recent low on the chart). If this breaks, the next psychological support could be around $700, a round number with historical significance.

Buy Price Recommendation

Wait to Buy: Given the current downward trend, it would be prudent to wait for a pullback to the support level of $792 - $800. This offers a safer entry point with a potential 2-3% drop from the current price, aligning with the observed short-term momentum.

Profit Target: For locking in profits, consider selling at resistance levels around $850 - $860, which could yield a 5-7% gain from the suggested buy price of $800. Alternatively, if the price breaks above $860, aim for the all-time high of $859.5629 or slightly beyond.

Analysis Approach

Technical Indicators: The EMA lines (7, 25, 99) suggest the price is below short-term averages, indicating bearish momentum. The volume spike (437,091 BNB) and money inflow data show mixed signals, with recent large inflows (58,199.99 BNB) possibly indicating buying interest at lower levels.

Money Flow: The 24-hour money inflow is negative (-$8.361), supporting a bearish outlook. However, the 5-day large inflow (103,474.44 BNB) suggests some accumulation, which could limit the downside.

Market Context: With a market cap of $112.96B and a 2.8690% dominance, BNB remains a strong asset, reducing the likelihood of a drastic fall.