Many traders were asking about the next move of $BNB , so I analyzed the 1W chart closely. After reaching the $1300 region, the market faced heavy distribution and a strong correction started, with continuous selling pressure dominating the structure. Later $BNB attempted a recovery toward $800, but bears defended that level aggressively and pushed price back down. Currently BNB is trading around the $600 zone, which is acting as a mid-range support area.

A deeper move toward $400 cannot be completely ignored, however the probability of a recovery before reaching that level remains higher if buyers step in. The key level to watch is $800 — if $BNB successfully reclaims and holds above it, then a continuation toward the $1000 region becomes very realistic.

Share your market view in the comments. Best of luck fam.