$BNB Consider being bearish. This rebound has already tested a key supply zone, where the earlier heavy dumping started. Now, although bulls want to push higher, the upside is clearly getting hard, and liquidity above is absorbing buy orders.



Entry levels to watch are around 564 - 576. If the bears continue to hold this area firmly, the next move may be to search downward for the recent swing low liquidity. Targets can be taken in batches at 550, 524, and 499.

Place the defense at 620—manage risk carefully and don’t go in too heavily chasing.
BNB-0.17%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned