#BNB

🚀 On July 22nd, BNB strongly broke through the resistance at $761, and then surged to $794 on July 23rd, seemingly signaling the start of a new round of upward momentum. However, unfortunately, the price failed to stabilize at the high level. For the bulls to continue the upward trend, they must reclaim $794 and hold it! Once successful, BNB is expected to aim for the significant $900 mark.

🟢 Bullish opportunity: Break through 794, target 900!

If the price reclaims $794 and maintains above it, it will signal the resumption of the upward trend, with $900 being the next target. Once it breaks through $900, market sentiment may further explode, attracting more buying interest.

🔴 The counterattack of the shorts: Break below 761, risk escalates!

If the price breaks below $761 again, the bears will capitalize on the momentum, trying to pull it back to $732. Once $732 is lost, BNB is likely to test the 20-day moving average around $717. This is a defense line that the bulls must hold, or else they will relinquish their advantage.

However, if BNB rebounds strongly around $732, it indicates that buying pressure at lower levels remains strong, and the short-term pullback may become a consolidation phase for a higher price increase.