2026-02-01 16:26:51

$BNB ‌BNBUSDT is at a critical decision point. It has dropped significantly on the 1-hour chart and is currently near the 742-750 support zone. This area has been important in the past, so the upcoming reaction is crucial. Right now, sellers are still in control, but after a steep decline, the market often pauses or reacts.

If buyers step in, and the price holds above 740, a short-term relief bounce is possible. Upside targets may open toward 775 to 800. This would be a bounce, but not a confirmed trend change.

If sellers stay strong, and the price drops below 740 without a strong buying reaction, the downside could extend to 720 or 700. This would confirm a continuation of the bearish move.

Will BNB defend this support and bounce back, or will sellers break through and push the price even lower?

BNB-2.43%

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