$BNB is currently trading around $651 after a controlled pullback from the recent local highs. The broader structure remains constructive, but short-term momentum shows a temporary cooling phase as price revisits a key demand area formed during the last breakout impulse. Liquidity below recent intraday lows has already been partially swept, suggesting market makers are refilling bids before the next expansion phase.
EP: $640 – $646
TP1: $672
TP2: $695
TP3: $720
SL: $618
The higher-timeframe trend remains bullish with price continuing to print higher lows since the last structural breakout above the $600 region.
Momentum indicators show compression rather than reversal, indicating the pullback is corrective rather than a trend shift.
If $640 demand holds, liquidity above $670 and $700 becomes the next natural magnet where resting buy-side liquidity is likely to be targeted.