$BNB 📉 The flow of funds is screaming “sell”
The price has fallen to $713.76. But the most worrying thing isn’t the price—it’s the simultaneous outflow of capital across the board: large, medium, and small players are all selling at once.
-40,855.58 BNB. This isn’t a correction. It’s distribution. Small players are selling the most aggressively (-11,855 BNB)—possibly panicking over the price drop.
One large player had been building a portfolio of UNI, LTC, and BNB worth $73K. They shifted into ONDO, but are already down $1.65 million there, too. This isn’t a strategy. It’s a search for an exit.
• Price: $713
• MACD: DIF (30.55) is below DEA (50.10), histogram at -19.56—a bearish impulse on the monthly timeframe
• **EMA7 (671), but the price is testing them from below
• Support: $717 (critical level) → 703.58** (strong support)
• Resistance: $722–723 (nearest zone) → 748.98** (strong cluster)
Two possible scenarios:
-Bearish (about 65% probability): A break below 703, followed by 540 breaking through strong support at 650 by year-end
-Bullish (about 35% probability): If 748.98** is broken with volume, analyst Don sees a target of $1,601 based on the “falling wedge” pattern. But this is a long-term scenario that needs confirmation.
#BNB #Binance
The price has fallen to $713.76. But the most worrying thing isn’t the price—it’s the simultaneous outflow of capital across the board: large, medium, and small players are all selling at once.
-40,855.58 BNB. This isn’t a correction. It’s distribution. Small players are selling the most aggressively (-11,855 BNB)—possibly panicking over the price drop.
One large player had been building a portfolio of UNI, LTC, and BNB worth $73K. They shifted into ONDO, but are already down $1.65 million there, too. This isn’t a strategy. It’s a search for an exit.
• Price: $713
• MACD: DIF (30.55) is below DEA (50.10), histogram at -19.56—a bearish impulse on the monthly timeframe
• **EMA7 (671), but the price is testing them from below
• Support: $717 (critical level) → 703.58** (strong support)
• Resistance: $722–723 (nearest zone) → 748.98** (strong cluster)
Two possible scenarios:
-Bearish (about 65% probability): A break below 703, followed by 540 breaking through strong support at 650 by year-end
-Bullish (about 35% probability): If 748.98** is broken with volume, analyst Don sees a target of $1,601 based on the “falling wedge” pattern. But this is a long-term scenario that needs confirmation.
#BNB #Binance