$BNB Market Report
Once again price has returned to the sub-$600 accumulation zone, a level that has repeatedly provided strong reactions and continues to offer favorable positioning for spot buying and long entries.
Despite the recent rejection from the $620 – $625 supply area, the downside is currently limited with price printing a 24H low at 599.02, showing that the market is hovering around a key demand region. Even if a final liquidity sweep occurs, the expected extension remains shallow at another 2–3% at most, keeping the overall structure intact.
This zone historically acts as a high-probability value area, where risk is compressed and upside potential toward $615 → $625 → $650 remains attractive once momentum returns.
As long as price holds around $600 and reclaims it quickly after any wick below, the bias stays buy on dips and long positioning, with this region continuing to be one of the strongest accumulation levels on the chart.
