🚨 $BNB B Pump & Dump or Market Shakeout? 📉📈
$BNB touched highs near $959 and now trading around $604 after a heavy correction. That’s a massive drop in a short time.
What just happened?
🔸 Overextended Rally – Price moved too fast, too quickly.
🔸 Profit Taking – Whales and early buyers locking gains.
🔸 High Volume Sell-Off – Panic + liquidations accelerated the dump.
🔸 SAR & Trend Flip – Daily indicators turned bearish confirming momentum shift.
Now the big question:
👉 Is this a pump & dump?
👉 Or a healthy correction before the next leg up?
Key zone to watch:
🟢 Support: $570–$590
🔴 Resistance: $630–$650
If bulls reclaim $650 with strong volume, we could see recovery momentum.
If $570 breaks, more downside volatility ahead.
⚠️ Trade smart. Manage risk. Don’t chase green candles. Don’t panic sell red ones.
What’s your view on $BNB ? Accumulating or waiting? 👇
#BNB #Crypto #Binance #Altcoins #Trading