📉 BNB/USDT – 4H Technical Analysis

Currently, BNB is trading at $808.69, showing a minor decline of 1.20% in the last 24 hours. After hitting a recent high of $861, BNB has entered into a short-term bearish trend. The price is now moving below the 20-period moving average and the middle line of the Bollinger Bands at $820, indicating selling pressure.

On the other hand, Stochastic RSI is in the oversold zone (below 20), which often signals a possible short-term bounce. But no strong bullish confirmation yet.

Key support levels to watch are $796 and $782. If these hold, a rebound towards $820–834 is possible. However, if price breaks below $782, the next target could be around $765.

📌 I am watching closely for price action near $796.

Let’s see if bulls can take control again or if bears dominate further.

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