Something very interesting is happening behind the scenes on BNB right now.
Even though we had that sharp drop down to 656, the sellers completely lost momentum on the retest. We just locked in a clean double bottom, and the price action is steadily grinding higher while refusing to make a new low.
The moving averages are curling upward, showing the bleeding has stopped. If buyers push past the 658 resistance, we are going to see a quick squeeze back to the upside. Building my long position right here while everyone else is still scared.