$BNB Large players are not letting the price rise above $742. They “draw” walls to scare retail traders. The price drops, people panic-sell (or open short positions), and the whales scoop up these coins.
Buy volume (65.91K BNB) is almost twice the sell volume (42.36K). The market is bullish, but right now we’re seeing artificial pressure.
Where is their real interest?
Let’s look at the green zones (Bids):
🛡 730 — support for 1.62K BNB
Scenario 1: Long (Playing off the floor)
Don’t buy right now in the middle (736.00**.
• Entry: $736.00 – $736.50 (right at the green wall).
• Stop-loss: $734.50 (strictly below the wall). If $736 breaks, we’ll fly down to $730.
• Take-profit: $740.00 (back to the current zone) or $742.00 (the ceiling).
Scenario 2: Short (Playing off the ceiling)
• Entry: Wait for a bounce to $742.00 – $743.00 (right below the sellers’ walls).
• Stop-loss: $745.00 (if $744 breaks, it means a pump has started).
• Take-profit: $738.00.
Bottom line: The market is being squeezed into a narrow $736 – $742 range. Right now, the price has fallen to the lower boundary. If the wall at $736 holds, we’ll see a sharp bounce upward. Wait for a reaction from buyers!
#BNB #Binance #BinanceSquare
Buy volume (65.91K BNB) is almost twice the sell volume (42.36K). The market is bullish, but right now we’re seeing artificial pressure.
Where is their real interest?
Let’s look at the green zones (Bids):
🛡 730 — support for 1.62K BNB
Scenario 1: Long (Playing off the floor)
Don’t buy right now in the middle (736.00**.
• Entry: $736.00 – $736.50 (right at the green wall).
• Stop-loss: $734.50 (strictly below the wall). If $736 breaks, we’ll fly down to $730.
• Take-profit: $740.00 (back to the current zone) or $742.00 (the ceiling).
Scenario 2: Short (Playing off the ceiling)
• Entry: Wait for a bounce to $742.00 – $743.00 (right below the sellers’ walls).
• Stop-loss: $745.00 (if $744 breaks, it means a pump has started).
• Take-profit: $738.00.
Bottom line: The market is being squeezed into a narrow $736 – $742 range. Right now, the price has fallen to the lower boundary. If the wall at $736 holds, we’ll see a sharp bounce upward. Wait for a reaction from buyers!
#BNB #Binance #BinanceSquare