We marked $703.6 as the pivot in $BNB. Since then: ZERO candles below the level, it hasn’t even touched it again. +2.2% and the taker has already switched sides.
• Price $722 — lowest since the call: $713.1, support remains intact
• Taker: from 0.95 (selling dominated) to 1.29 (buying dominates)
• The crowd: 71.3% still long, and with funding at 0.00% holding the position remains cost-free
Honest with the data: the bounce comes with volume at 0.8x the average, still no conviction.
The map: below $713 holds; if it breaks, the return is straight to $703.6. Above $741 is the 72h ceiling and behind it waits the shorts cluster at $763, with $130M in accumulated liquidations.
Will it push to $763 or will it stall at $741?
NFA/DYOR · Data: Binance Futures API
$BNB
• Price $722 — lowest since the call: $713.1, support remains intact
• Taker: from 0.95 (selling dominated) to 1.29 (buying dominates)
• The crowd: 71.3% still long, and with funding at 0.00% holding the position remains cost-free
Honest with the data: the bounce comes with volume at 0.8x the average, still no conviction.
The map: below $713 holds; if it breaks, the return is straight to $703.6. Above $741 is the 72h ceiling and behind it waits the shorts cluster at $763, with $130M in accumulated liquidations.
Will it push to $763 or will it stall at $741?
NFA/DYOR · Data: Binance Futures API
$BNB
