BNB firmly stands above 786, and the longs are still adding—this wave, I’m watching 789
From the 15-minute candles, it looks like in BNB’s most recent hour, the four local highs have all been around 788, while each low has been higher than the last. 786 hasn’t even given the bears a chance to test it.
The 4-hour close is 787.87, up 0.42%. It doesn’t look like much, but the key is this— the volume in the last two hours is up nearly 85% compared to the first two hours.
So what does that mean? Buyers are quietly entering, not doing a pump-and-dump fake breakout kind of volume—this is increasingly thick support.
Resistance is at 789; it’s just one step from the current price. This kind of sideways consolidation right under the resistance zone usually isn’t a sign it can’t go up—it’s more like building up energy. 786 is the key support, and 783 is the floor. As long as it doesn’t break 783, the short-term bullish logic holds.
The industry side also has supportive background. In September, the number of crypto job postings tripled to over 1,200, and talent demand is starting to warm up—showing that this space is still moving forward.
My take is simple: as long as 786 holds, 789 is likely to be tested. If it drops and breaks through 783, I’ll admit my mistake and get out.
$BNB
From the 15-minute candles, it looks like in BNB’s most recent hour, the four local highs have all been around 788, while each low has been higher than the last. 786 hasn’t even given the bears a chance to test it.
The 4-hour close is 787.87, up 0.42%. It doesn’t look like much, but the key is this— the volume in the last two hours is up nearly 85% compared to the first two hours.
So what does that mean? Buyers are quietly entering, not doing a pump-and-dump fake breakout kind of volume—this is increasingly thick support.
Resistance is at 789; it’s just one step from the current price. This kind of sideways consolidation right under the resistance zone usually isn’t a sign it can’t go up—it’s more like building up energy. 786 is the key support, and 783 is the floor. As long as it doesn’t break 783, the short-term bullish logic holds.
The industry side also has supportive background. In September, the number of crypto job postings tripled to over 1,200, and talent demand is starting to warm up—showing that this space is still moving forward.
My take is simple: as long as 786 holds, 789 is likely to be tested. If it drops and breaks through 783, I’ll admit my mistake and get out.
$BNB
