$BNB Personal Opinion
Currently, BNB remains in a strong state, consistently staying above the MA7, with moving averages showing a bullish arrangement. However, the 7% increase since 7/27 has deviated from the moving averages, and the significant selling performance on 7/28 still indicates a slowdown in its growth momentum. The short-term expectation is to maintain a flat oscillation, with a clearer trend expected only after breaking through the 845 price level from 7/27 or falling below MA7.
Second Resistance Area: 861 (Previous High)
First Resistance Area: 845
Current Price: 828
First Support Area: 803 (MA7)
Second Support Area: 776 (Closing on 7/23)
Third Support Area: 730 (MA25)
From a mid to long-term perspective, BNB still has a higher probability of challenging the 1000 level within this year, and Binance currently still maintains its leading position, remaining optimistic in the long run.