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What Happens After BNB Encounters Strong Support at $745-750 on August 2
Based on the current BNB price fluctuating around $758 (with a low point of $745), and combining technical structure, on-chain data, institutional movements, and market sentiment across multiple dimensions, the subsequent long/short game trend can be comprehensively assessed with the following key points:
📉 **1. Technical Analysis: Key Support and Channel Structure Determine Short-Term Direction**
1. **Channel Structure and Support Testing**
BNB is currently operating within an ascending channel, with the current price approaching the mid-channel support (around $780). If this position is held, there is hope to restart the upward trend; if it breaks below, it may test the channel lower bound ($580, dynamically moving up).
📉 **1. Technical Analysis: Key Support and Channel Structure Determine Short-Term Direction**
1. **Channel Structure and Support Testing**
BNB is currently operating within an ascending channel, with the current price approaching the mid-channel support (around $780). If this position is held, there is hope to restart the upward trend; if it breaks below, it may test the channel lower bound ($580, dynamically moving up).
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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