Binance Coin (BNB) Price Movement:
On July 31, 2025, BNB experienced a downward reversal after hitting a resistance zone near $850, forming a bearish "Shooting Star" and "Evening Star" candlestick pattern. Analysts predict a potential drop to the support level of $740, reflecting broader bearish sentiment in the crypto market. This follows BNB's recent all-time high above $800, driven by altcoin strength and Binance's ecosystem growth.
