BNB has rejected sharply from the upper channel trendline near 690 and is now pulling back. The ascending channel structure from early April is still intact — this is a healthy correction within a bullish trend, not a breakdown.
Currently at 652 and showing weakness on the 4H. The question is: where will buyers step in?
📌 What to watch:
The channel will tell us everything. As long as price stays inside it and respects 635–640, the bullish bias holds and any bounce can be planned for an entry back toward 670+ → 690.
If we see a 4H close clearly below 630 with no recovery, the channel breaks and the structure shifts. At that point, wait — don't catch the falling knife. Let it find a new floor first.
For now, patience. Let the lower channel do its job, and only act on confirmation. 🎯
❎STOP⛔:0.00674622 🚨CROSS(1%,2%Portofel) Întotdeauna așteaptă rezultatele finale ale semnalelor și evită să alegi selective. Nu uita de gestionarea riscurilor și a capitalului. Dacă ai întrebări, asigură-te că ceri îndrumare
Total market cap pumped after the breakout of the symmetrical triangle, and it reclaimed the horizontal resistance, which is now acting as a horizontal support.
Currently, it retested above the horizontal support and an upward move is expected for however long it is trading above it.
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