BNB is slipping — down 3.1% in the past 24 hours, now trading just below $760 .
🔍 What’s behind it?
Profit-taking after hitting all‑time highs around $800–804 on July 23 .
Weekly chart showed a key trendline breakout, but now BNB is pulling back and consolidating near $760–770 support .
🚀 Macro & institutional factors
Ongoing whale accumulation: Nano Labs has already snapped up 120,000 BNB (~$90M), and Windtree Therapeutics just raised up to $520M for its BNB treasury buildup .
On-chain demand thrives: $190B+ DeFi volume last month, plus explosive token burns boosting scarcity .
⚖️ What next for BNB?
Weakness under $750 support could trigger short-term correction.
But if BNB reclaims $800–810, a run toward $850–900 seems possible—and analysts are eyeing $1,200 if momentum holds strong.
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🎯 Trade takeaway:
Bulls: Watch for rebound from $760–770 support to regain confidence.
Bears: A drop below $750 opens the door to deeper pullback.
Feels like a smoother correction within a broader bull structure.
