$BNB â Pullback or Continuation? đ
$BNB is still holding the broader bullish structure after the sharp move from the $570 area.
Price is now consolidating around $700 after reaching the $710â$720 zone, which suggests the market is taking a breather rather than immediately reversing.
Key area to watch: $690â$700.
If BNB holds this area and buyers step back in, the current trend remains constructive and another push higher is possible.
However, if price loses $690 with strong selling pressure, the recent breakout could turn into a deeper pullback.
For now, Iâm watching how price reacts around this zone before taking the next direction.
Let the price confirm â don't chase the move.
$BNB is still holding the broader bullish structure after the sharp move from the $570 area.
Price is now consolidating around $700 after reaching the $710â$720 zone, which suggests the market is taking a breather rather than immediately reversing.
Key area to watch: $690â$700.
If BNB holds this area and buyers step back in, the current trend remains constructive and another push higher is possible.
However, if price loses $690 with strong selling pressure, the recent breakout could turn into a deeper pullback.
For now, Iâm watching how price reacts around this zone before taking the next direction.
Let the price confirm â don't chase the move.
