$BNB Sharp Pullback Toward Key Support....

$BNB is trading at 816.40 USDT, down 3.54% in the last 24 hours, as sellers take control following rejection from the 853.53 daily high. The price is now testing a key support zone near 816, which is also today’s low.

Trend: Bearish momentum intensifies after failing to sustain above 834.

Support Levels: Immediate at 816; a breakdown could lead toward 800–795.

Resistance Levels: First at 834, then stronger at 853–869.

Recent High: 869.40 on August 14 before reversal.

Trading Outlook

Bullish Scenario: Holding above 816 and reclaiming 834 could pave the way for a retest of 853 and 869.

Bearish Scenario: A break below 816 may accelerate the decline toward 800 and possibly 780.

Market Note: Watch for a bounce if buy orders surge near the 800–816 support zone.