📉 BNB/USDT – Target of $744 reached! What to expect now?
As per my previous analysis, the breakout of the upward trend line pushed the $BNB to the critical support at $744, which served as a price reaction point. Now the asset is at $765, but the structure remains bearish in the short term.
Important technical points:
MA7 and MA25 continue to point downwards, confirming selling pressure.
MA99 has now become resistance in the $774–$775 region.
If it loses $744 strongly, the next relevant support is around $738 – $715.
To regain strength, BNB would need to break $775–$790 with good volume.
🎯 My view:
The move to $744 was expected after the breakout. Now the market decides whether this region will be a temporary bottom or just a pause before further declines.
💬 What do you think? Is this pullback a buying opportunity or is the trend still downward?
