$BNB
got completely rejected after tapping the 612.75 high, cascading straight down in a brutal, heavy drop to find a local floor at 611.91.
We are hovering right at 611.96. The aggressive selling volume practically wiped out all the previous gains, pinning the price action right against the absolute low of this move.
If buyers can bring a quick volume spike to defend this zone, expect a fast relief bounce back up toward 612.42. But if 611.91 snaps on this candle, the next leg down is going to flush very quickly. Watch the close.