BNB Tests Critical Support After Momentum Fades

Binance Coin has traded between $740 and $751, with repeated sell-offs in the $800 to $810 band limiting upward momentum. It fell below a four-hour ascending channel and the daily Fibonacci level near $746, making the $725 to $730 range a critical support zone. Analysts see a possible double bottom in the $727 to $733 area that could target $800 if $754 to $756 is reclaimed, while a drop below $714 may invalidate the setup.

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BNB is the Binance ecosystem’s native token, used for fees, network activity, and various applications. It recently moved between $740 and $751, while repeated selling around $800–$810 capped rallies. Charts show it lost a four-hour rising channel and fell under a daily Fibonacci marker near $746.

Traders are watching $725–$730 as pivotal. Below it, attention may shift to $719, $706, and $674; a daily close under that band could bring $700–$680 into view. A double-bottom setup in $727–$733 would need $754