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Everything was looking good for $BNB until this happened.
We’re sitting at 621 right now and the chart is starting to look a bit messy. We had a nice recovery from that 570 dip, but we just can't seem to clear the 641 resistance zone with any real strength.
Price action is getting tight. It feels like a squeeze is coming. If we lose the 618 level, we might be headed back down to test the 590 support to see if the buyers are still there.
Volume is thinning out which usually means a big move is loading. I'm staying cautious here and not jumping the gun until we see a clear break above 642 or a breakdown below 615.
Are you holding your bags or taking some profit here?
#CryptoMarketsDipSlightly