$BNB

The long liquidation around $770.99 signals a sudden downside sweep that cleared leveraged bullish exposure after an extended move higher. Price is now reacting around a major support zone near $748, which has served as a strong demand area in prior pullbacks. Holding this level keeps the bullish structure alive, with immediate resistance positioned near $792 where selling pressure intensified before. A clean push above this resistance would likely send price toward the next upside target around $825, marking a previous high-volume rejection region. Momentum indicators suggest selling pressure is easing following the liquidation event, often leading to short-term stabilization or rebound. However, losing $748 could expose a deeper drop toward $720 before buyers reassert control. Overall trend still favors recovery attempts as leverage resets and demand builds near key structural support. $BNB ‌