BNB’s pullback on reduced volume is over. Volume surged 106% and shot straight to 780—I’m bullish on BNB! $BNB
On the 4-hour timeframe, BNB climbed from the 769.49 low all the way up, closing at 778.66, up 1.09%. What’s most important? In the past two hours, the trading volume more than doubled compared with the previous two hours—up 106.82% in a surge. This isn’t volume pushed by retail traders; it’s clearly institutional money entering.
Now look at the 15-minute candles: over the last hour, the four candles’ highs rose from 779.10, 777.74, 778.56 up to 779.25. The lows also lifted from 777.43, 775.96, 776.25 up to 778.15. Both highs and lows move upward together—that’s a standard short-term bullish structure. Each pullback is shallower than the last, which shows sell pressure has been completely absorbed.
The news flow also isn’t cold. CoinDesk reported on October 3 that the number of crypto job openings in September rose to over 1,200. Even though the number of applicants declined, hiring is expanding—suggesting the industry is still recruiting. Cointelegraph also published market updates the same day, covering Bitcoin price, DeFi, Web3, and regulatory trends. The industry fundamentals haven’t broken down; sentiment is repairing.
My logic is simple: 774 is the key level. As long as it holds and doesn’t break, the short-term remains in a bullish rhythm. 780 above is resistance. Once it breaks out with volume, the upside opens up. 769 is the line in the sand—if it breaks below 769, I’ll admit I was wrong and withdraw my short-term bullish view.
With volume-price confirmation and structure moving upward, I’m standing with the bulls. $BNB aiming for 780!
On the 4-hour timeframe, BNB climbed from the 769.49 low all the way up, closing at 778.66, up 1.09%. What’s most important? In the past two hours, the trading volume more than doubled compared with the previous two hours—up 106.82% in a surge. This isn’t volume pushed by retail traders; it’s clearly institutional money entering.
Now look at the 15-minute candles: over the last hour, the four candles’ highs rose from 779.10, 777.74, 778.56 up to 779.25. The lows also lifted from 777.43, 775.96, 776.25 up to 778.15. Both highs and lows move upward together—that’s a standard short-term bullish structure. Each pullback is shallower than the last, which shows sell pressure has been completely absorbed.
The news flow also isn’t cold. CoinDesk reported on October 3 that the number of crypto job openings in September rose to over 1,200. Even though the number of applicants declined, hiring is expanding—suggesting the industry is still recruiting. Cointelegraph also published market updates the same day, covering Bitcoin price, DeFi, Web3, and regulatory trends. The industry fundamentals haven’t broken down; sentiment is repairing.
My logic is simple: 774 is the key level. As long as it holds and doesn’t break, the short-term remains in a bullish rhythm. 780 above is resistance. Once it breaks out with volume, the upside opens up. 769 is the line in the sand—if it breaks below 769, I’ll admit I was wrong and withdraw my short-term bullish view.
With volume-price confirmation and structure moving upward, I’m standing with the bulls. $BNB aiming for 780!
