Technical analysis by BTCETH2X about Symbol BNB on 7/29/2025

#BNB Update #1 – July 29, 2025 Although BNB has approached the correction level of its last impulsive move, it hasn’t yet completed this correction. Another pullback might occur. We’re already talking about a BNB that’s making new ATHs one after another. If you ask my opinion, I’m not sure if I would buy a project that has already hit an ATH, especially when there are many others that haven’t reached their ATHs yet or are still below them. But to be clear—BNB hasn’t finished its correction. For that to happen, it needs to pull back to the $812 level. If that correction completes, the target will be $896. There are a lot of imbalance gaps in BNB. Since I won’t be opening any position, I don’t recommend opening one either.