🔥$BNB solid bullish right now, but I reckon we might see a bit of consolidation in the short term before it really takes off again. Overall, cautiously bullish – I'd play it by dipping in on a pullback for better odds.
Volume's been up and down on those recent 1-hour candles – the big pushes, like that spike to 891.58, came with hefty volume around 66k, showing real buyer muscle. But the latest ones are quieter, and with things getting overbought, it feels like the steam's easing off, maybe setting up for a breather or dip.
Capital flows paint a cool picture: short-term contracts (5m to 1H) are seeing outflows, probably some quick profit grabs, but zoom out to 2H through 7D and it's all green with strong inflows – big sentiment staying positive. Spot flows? Positive everywhere, which screams underlying demand and that classic "buy the dip" crowd hanging around. That split between short and long term has me thinking dips could get snapped up fast.
Best entries longs $BNB : Wait for a retreat to supports like MA20 at 879.78 or Support around 873.70; aim for that 875-881 zone for a chill entry. If you're aggressive, jump on a solid break over Resistance level at 893.80.
Stop-loss at 3% below your entry – say from 878, that's about 851.70
Targets $BNB : First at Resistance level (899.02), then next resistance (906.46) if it runs
You guys seeing the same on BNB, or think it's due for more chill time? #bnb #BNBUSDT