$BNB Faces Rejection Near $793 – Is a Rebound Brewing?
$BNB surged to $793 but faced strong resistance, triggering a pullback. The recent bounce from the $781 zone shows buyers are still active, and a higher low may be forming. If BNB breaks back above $787 with volume, it could retest $793 and potentially aim for $800. However, failure to hold $781 may lead to further downside.
Trade Setup:
Entry Zone: $782 – $785
Target 1: $790
Target 2: $797
Stop Loss: Below $779