BNB midweek: recovery meets overhead supply
At 10:09 ICT on Wednesday, Oct 28, Binance Spot BNB/USDT is near $745.07, up 0.90% over 24 hours within $734.09–$754.29. From the recent $718 swing low, BNB has rebounded roughly 3.8%, but it has not cleared the $750.50–$754.30 supply band.
Daily closes show a pullback to $731.28 on Oct 22, followed by a gradual recovery. The $742–$745 pivot is the immediate support zone; a 4-hour close above $754.30 would improve continuation odds. A loss of $734 exposes $730–$732, then $718.
Read closes and retests, not wicks. Market commentary only—not investment advice. DYOR.
$BNB #BNB #BNBChain #CryptoAnalysis #TechnicalAnalysis
At 10:09 ICT on Wednesday, Oct 28, Binance Spot BNB/USDT is near $745.07, up 0.90% over 24 hours within $734.09–$754.29. From the recent $718 swing low, BNB has rebounded roughly 3.8%, but it has not cleared the $750.50–$754.30 supply band.
Daily closes show a pullback to $731.28 on Oct 22, followed by a gradual recovery. The $742–$745 pivot is the immediate support zone; a 4-hour close above $754.30 would improve continuation odds. A loss of $734 exposes $730–$732, then $718.
Read closes and retests, not wicks. Market commentary only—not investment advice. DYOR.
$BNB #BNB #BNBChain #CryptoAnalysis #TechnicalAnalysis
