BNB Deep Strategy
Now the price is close to the historical high of $804, daily RSI at 73 enters overbought zone, on-chain shows institutions increased holdings by $90M. The battle between bulls and bears is imminent:
▫️ Core position
- Breakout range: $800-$805
If it stabilizes, it will open the $850 channel (historical new high in sight)
- Lifeline: $760-$740
20-day moving average + previous high support conversion, breaking triggers test at $689
- Iron bottom line: $689
50-day moving average + weekly trend fortress
▫️ Institutional card
- July burn **1.59 million BNB** (≈$1.02 billion), deflation accelerates
- Ondo Finance tokenized US stock agreement goes live, countdown for corporate treasury entry