Wait, is $BNB just a bottom print or is this another trap? Looking at the 30-minute chart, we were stuck in this volatile range between 587 and 620. Every time it tries to break through, sellers step in. Now, it’s at 606.59 after a quick rejection from that local high at 617. The structure looks a bit weak honestly. We’re forming lower highs on the hourly. If we can’t hold the 600 level, I expect a quick move back down to the support zone at 587. On the bright side, the order book shows some interest in good buying around 606 with about 77% bids, but that can disappear in seconds. Volume remains steady at 132,000 BNB, but there’s no real “strength” behind these moves. I remain cautious. I want to see a strong 4-hour candle close above 612 before even considering a long position.

BNB-1,3%
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GateUser-40f776cavip
· 8h ago
Bullish market at its peak 🐂
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