BNB Bulls Defend Key Support Zone as Triple Bottom Signals Potential Breakout
BNB is consolidating below $800 after a sharp recovery, and traders are watching the $740-$746 area as a key support zone. The token has been trading above several important moving averages in the short term.
The pullback has not yet broken the broader recovery structure, according to technical signals. Historically, BNB closed near $799.65 on September 21 after reaching an intraday high of $807.05 before falling back toward the upper $700s.
A recent technical analysis by @Wealthmanager identifies the $739-$746 region as a critical support zone and suggests that maintaining this level would preserve the recovery structure. The accompanying four-hour chart highlights roughly $740 as horizontal support.