$BNB is still moving within a corrective phase, not a trend recovery.

Price topped near 904.9 and has since continued to print lower highs, keeping downside pressure intact. The drop into 830 marked the first meaningful demand response, but the rebound so far looks technical rather than impulsive. Importantly, price remains below the 25 and 99 MAs, reinforcing bearish control on this timeframe.

Structure check

904–895: clear distribution zone

860–875: strong overhead supply, sellers active

830: short-term support and reaction low

Below 830: risk opens toward deeper continuation

Unless BNB can reclaim 860+ and hold, any upside should be treated as a relief bounce. For now, market behavior favors patience or fading strength, not aggressive longs.