$BNB

🪙 On August 7, BNB broke through the 20-day moving average (779 USD), indicating that the selling pressure from bears is weakening and bulls are starting to have some ideas.

🐂 Bullish Scenario

Next, bears may firmly defend the positions at 794 USD and 815 USD, but if bulls break through strongly, BNB has a chance to surge straight to the historical high of 861 USD.

🐻 Bearish Scenario

If BNB falls back and closes below 761 USD, that would be a sign of weakness, potentially looking first at 732 USD. If it drops further below the 50-day moving average (715 USD), a short-term top is likely confirmed.

📌 Key Trading Points

Key Support: 761 USD → 732 USD → 715 USD

Upper Resistance: 794 USD → 815 USD → 861 USD (historical high)