$BNB BNB Technical Snapshot – Bulls Losing Grip?

📉 BNB is currently trading at $760.65, down -2.40% on the day, showing signs of short-term weakness after hitting a recent high of $781.99.

📌 Key Observations:

Price is hovering just above the MA(20), now at $760.56 — suggesting potential support.

Recent candle patterns show increased selling pressure, evidenced by repeated wicks on upside attempts.

Order book sentiment is bearish, with 76.42% favoring sell.

📈 Despite a strong 9.86% 7-day gain, the failure to hold above $770 resistance raises caution. Watch the $745–750 zone as critical support; a breakdown could accelerate downside momentum.

🔎 Strategy: Neutral-to-bearish bias short term. Wait for confirmation above $775 to re-enter long positions.