BNB's recent trend shows limited rebound strength, currently stuck in a consolidation phase. From a technical perspective, a retest of the fourth wave's bottom remains a high-probability event, which means short-term downside testing should still be watched for.
The key observation point is at the $791 neckline. If this level is broken and resistance is overcome, the support levels below focus on the $776-$722 range. This area converges multiple supports, including historically dense trading zones and technical support, which are expected to effectively absorb selling pressure.
Overall, BNB is currently in a stalemate with weak rebound momentum. Investors should patiently wait for a clear pattern before taking action.
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SmartContractPhobia
· 7h ago
Will this level at 791 really break? It feels like the boy who cried wolf every time.
Wait, wasn't the 776-722 range already broken two months ago? How did it become a defense line again?
Where's the promised rebound? Is this what you call a rebound? It looks more like squatting to me.
Trust me, everyone stay still. Let the bullets fly a little longer.
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MentalWealthHarvester
· 7h ago
791 if it can't break through, then we have to keep exploring downward. This market trend is really exhausting.
Another bottom? I'm already numb, just waiting to be cut.
$722 is the level to watch; that's when the real buying opportunity will come. What should I do now?
The weak rebound is just like eating bread, it's pointless.
This stalemate situation is so annoying, when will it finally become clear?
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HalfPositionRunner
· 7h ago
If I can't break 791 again, I'll just liquidate everything. This rebound is really like squeezing toothpaste.
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MetaReckt
· 7h ago
If 791 doesn't break, then I have to keep watching the show. Anyway, I'm waiting to buy the dip around 722.
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DegenWhisperer
· 7h ago
Is 791 really solid? It feels like it's about to get slapped with reality again.
BNB's recent trend shows limited rebound strength, currently stuck in a consolidation phase. From a technical perspective, a retest of the fourth wave's bottom remains a high-probability event, which means short-term downside testing should still be watched for.
The key observation point is at the $791 neckline. If this level is broken and resistance is overcome, the support levels below focus on the $776-$722 range. This area converges multiple supports, including historically dense trading zones and technical support, which are expected to effectively absorb selling pressure.
Overall, BNB is currently in a stalemate with weak rebound momentum. Investors should patiently wait for a clear pattern before taking action.