TL;DR
BNB drops 2% after all-time high; bearish pattern and $800 support zone now under watch.
Futures Open Interest falls 1% to $1.48B; traders begin easing exposure after the price peak.
B Strategy launches $1B treasury to back BNB projects, promises stricter governance controls.
Price Pulls Back From Recent High
BNB was trading at $840 at press time, down 2% over the past 24 hours. The move comes just three days after hitting a new all-time high of $900 on August 22. Over the past seven days, the price has stayed mostly flat.
A bearish pattern may be forming on the daily chart, according to Alpha Crypto Signal. The ABCD setup looks complete, with the last leg topping out near $900. The price has since pulled back, but the broader uptrend remains intact. BNB remains above the 50-day moving average near $782.60 but has slipped under the 9-day average, now at $853.44.
Source: X
Notably, traders are watching the $800 to $820 zone. This area has acted as support in recent weeks. I
We współpracy z: https://cryptopotato.com/bnb-at-risk-bearish-chart-pattern-signals-key-test-ahead/
