$BNB Currently, the price is fluctuating around 765.90 USDT, bouncing from the support zone of 748 USDT and maintaining above MA7 – a sign of short-term recovery.
MA7 has just crossed above MA25, combined with recent bullish candles indicating a return of buying power. However, the price has not yet surpassed MA25 and MA99 (770–773), which are important resistance zones.
Trading volume is decreasing and the subsequent peak is lower than the previous peak, indicating that the upward trend has not yet been confirmed. The market is still in a correction phase, needing to break above MA99 to solidify a sustainable upward trend.
=> In the short term, trading opportunities may arise based on price zones, but the risk of correction still exists.
This is a technical assessment, not investment advice!!
