$BNB

It remains stuck inside a tight range between $722 and the 20-day EMA ($700), indicating a tough battle between the bulls and the bears.

If the price turns down and breaks below the 20-day EMA, it will suggest an advantage to the bears. The BNB/USDT pair may then drop to the 50-day SMA ($649), which is likely to attract buyers.

Contrary to this assumption, if the bulls pierce and sustain the price above the $722 resistance, it will signal positive sentiment. The pair may rally to $761 and subsequently to $794.