📊 BNB Evening Report | July 31, 2025, 20:00
Current Price: Approximately $794, a slight pullback of about 0.3% from $796 in the morning session
Daily Fluctuation: Lowest around $792, highest around $798, with the market showing small range fluctuations
🔍 Technical Indicators Overview
MACD golden cross continues, bullish structure remains intact
RSI has retreated to around 60, indicating upward momentum is still present, but not yet overbought
Bollinger Bands upper band has slightly tightened, suggesting a potential short-term consolidation phase
📌 Support and Resistance Reference
Strong Support Area: Approximately $792 (previous low + middle band)
Secondary Support Area: Between $760 and $780, if broken, caution for continued pullback is needed
Key Resistance: Between $798 and $800, if broken with volume, can look towards the $820 to $880 range
📈 Market Expectations and Fund Dynamics
This month's increase has reached 24%, with an average monthly trading volume of about $2.5 billion, capital flow is active
CoinCodex predicts a short-term range of $797 to $814, with an end of August target of $867 (an increase of about 8.8%)
📝 One-Sentence Summary
BNB is stabilizing in the $792 to $798 range tonight, with the bullish trend structure still intact; if support holds, a rebound is expected, and breaking through $800 may lead to a surge towards $820 to $880.
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