BNB exploded out of a tight consolidation range in mid-July and gained nearly 40% in less than two weeks before hitting resistance near 855. Now, 🪙$BNB is pulling back into the green support zone around 790, which overlaps with the ascending channel base and a short-term trendline 📉
This is a classic retest setup where buyers may regroup before a second leg higher. The price structure remains bullish as long as this support holds, and a break above 855 could signal the start of another rally wave. ETF inflows and renewed interest in BNB Chain utility are likely to keep momentum alive.
● Previous gain: 40 percent
● Key support zone: 790–800
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