$BNB /USDT
🔸 The key support is at $747–$765, with an encouraging rebound following strong institutional buying associated with the rebranding of CEA to BNB Network Company and a $500 million injection that pushed the price above the 7 and 25-day moving averages.
🔸 If it breaks and closes several candles above $775–$780, especially with solid volume, the next leg could reach:
🎯 $800–$815, a short-term target backed by bulls that continue to press the resistance at the 20-day moving average (~$774)
🔄 Extended target: $900–$950, with technical analysis indicating that, if the momentum holds, we could see this range as the next natural step.
⚠️ Warning: The technical resistance near $785 represents a critical decision point; additionally, the appearance of a "death cross" at this level generates mixed signals that could trigger a correction if the bullish momentum weakens.
✅ Should you buy back now?
If you sold near $770–$780, you might wait for a drop towards $750–$760 and confirm support before re-entering, ideally with clear technical bounce signals.
📌 Current recommendation:
Action Condition to do it Target Stop-loss
Buy Only if it breaks and confirms above $775–$780 with good volume $800–$815 $765–$770
Wait If it retraces towards $750–$760, showing solid technical support before re-entering $800–$815 (→ $900–$950) $740
🎯 Extended target: $900–$950, supported by analysis suggesting this range as the next step in case of strong technical confirmation and continuity of bullish momentum.