$BNB $681.29

is struggling to rise above the moving averages, indicating that the bears are trying to take charge.The uptrend line is likely to act as a strong support. If the price rebounds off the uptrend line and rises above the moving averages, the BNB/USDT pair could rally to the overhead resistance at $745.

Alternatively, a break and close below the uptrend line will suggest that the bulls have given up. That could start a decline toward $635, which is expected to act as a strong support.