The entire market is feeling the heat today, and $BNB is no exception. After a sharp 15% slide this week, we are officially at the most critical support zone of 2026.
The Technical Breakdown:
Major Support: $730. This has been the "Last Line of Defense" since August. If we lose this on a daily close, the next stop could be a fast drop to $687 or even $650.
The Oversold Signal: RSI is currently sitting near 27, which means BNB is "oversold." Historically, this is where we see relief bounces.
Bullish Factor: Grayscale just added BNB to its Crypto ETF ($GDLC), replacing ADA. This is massive for long-term institutional backing, even if the price is lagging today.
My Strategy:
I’m watching the $780–$820 range. We need to reclaim $820 to flip the bearish structure back to neutral. Until then, I am playing it safe and watching the $730 level like a hawk. 🦅
What’s your move?
Are you buying this "Extreme Fear" dip, or do you think $730 is going to snap?
👇 Drop your price targets
#BNB #BinanceSquare #CryptoAnalysis #Write2Earn #TradingAlpha