$BNB

BNB Price Analysis: Who Will Laugh Last in the Fierce Battle!

Brothers, recently BNB has become the main battleground for bulls and bears! The price is hovering between the 20-day moving average (692 USD) and the resistance level above 722 USD, neither side is willing to concede, it’s truly a battle of wits! Next, let’s look at the possible scenarios for this battle.

Bearish Scenario: Bulls Surrender, Price Declines

If the BNB price closes below the 20-day moving average, it indicates that the bears have gained the upper hand. The price may then enter a wide fluctuation range between 685 USD and 722 USD.

Important Support Level: 633 USD

Brothers, pay attention to this level, if buyers cannot hold here, BNB may face a deeper adjustment.

Bullish Scenario: Breakthrough Resistance, Strong Rebound

If BNB rebounds from the current level and successfully breaks through 722 USD, it indicates that the bulls are in control, and the bears can only temporarily retreat!

First Target: 761 USD

Higher Target: 793 USD

After breaking through 722 USD, the bulls will enter a more optimistic upward rhythm, opening up further rebound space.

Currently, BNB is in a critical stage of fierce competition; whether bulls or bears, the key position serves as a signal for action. Let’s proceed steadily, wait for opportunities to strike, and avoid impulsiveness! 💪