TL;DR:
- BNB’s price struggles to hold above the $730 support after failing to consolidate above its previous all-time highs.
- Momentum indicators, such as the RSI, show a loss of bullish strength, although the asset has not yet reached oversold levels.
- Analysts warn of an asymmetric downside risk that could push the price toward much lower historical support zones.
BNB is experiencing a critical moment after retreating to test its support levels. This Monday, the asset returned to its July 2025 lows, positioning itself near $730, while selling pressure is clearly visible on high-timeframe charts.
This technical move is vital, as the BNB market structure will determine whether the asset maintains its long-term bullish trend or begins a deep correction phase.
Technical Analysis: Critical Support and Downside Risks
BNB’s pullback occurred after the asset failed to stay above the $690–$700 zone, an area that served as resistance in 2021. However, on the weekly timeframe, the price is approaching a long-term ascending trendline that has guided the market since early 2024.
Therefore, the $730 area is a mandatory reference point for traders, who are closely watching whether this level will act as a springboard or a breaking point.
On the other hand, the formation of lower highs since late 2025 has raised alarms among technical analysts. According to projections shared by specialists like Alejandro₿TC, the current scenario presents a “highly asymmetric” risk.
Now, if the price definitively breaks the $700 zone, a more severe retreat toward levels near $200—where previous cycle lows and the solid structural support lines reside—cannot be ruled out.
In summary, the market remains on edge regarding Binance Coin’s ability to absorb current selling pressure. As long as the price remains below $800, caution seems to be the predominant strategy among institutional and retail investors.
For now, the priority is to watch the weekly close, as it will validate whether the structural uptrend remains intact or if it is time to prepare for a prolonged bear market in the BNB ecosystem.
