$BNB is currently caught in a high-stakes tug-of-war at $856.20, hovering precariously after a sharp rejection from its 24-hour peak of $871.00. The 30-minute chart reveals a dramatic bearish engulfing move that sliced through the MA(7) and MA(25) support lines, signaling an intense battle as bulls fight to defend the $853.50 floor. With $118.59M in USDT volume fueling the volatility, all eyes are on the MA(99) at $857.28; a decisive break back above could ignite a massive rally, but failure here risks a freefall back toward the $850 psychological barrier.

BNB
BNBUSDT
848.1
-1.15%

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