BNB’s price cools off after ATH, but is $1K target still possible?

Key Disruption

BNB order book is started tilt fishe dept by one side, with the ratio of the bid that you give up between 0.33 and 0.37. This type of behavior often suggests bulls positioning before, potentially frontal a short breast.

---

Currency [BNB] Just wrapped five ways of solid green, reside from the $ 600 range to tighten a high time high to $ 861.

Moment was upright, with the place that pursue and perpute the pilot’s attachment. Of course, $ 1k now the magnet.

But first in the new weekly candle, we have already seen a -4.37% pullback. In the fact, tThe radests Dumped About $ 200 million in interest open in a strong round of pain.

However, BNB has just gave up on cleaning the brand of $ 800 after three days consisting the top of the post-local pressure.

That 1.52% intraday made the absorb the solid side, not only a liquidity player. $ 800 access as a key structural level here, both psychologically and technically.

If this standing level and place shoppers start Alzament offerscould this be started a stage of reinstate before the next bnb romper leg?

Bnb refreshed but the login signals of login

BNB Downtrnd from the $ 861 High was good textbook. But the book’s book book first signs of a change.

Cumulative offers are now at 66.5 million, while you are asking for 33.5 million. That is almost a 2: 1 I am playing.

Zoom in, and the one back is pushed the bib bid report in 0.33-0.37 range, its highest level in more than one month. This kind of skew usually has points to passive accumulation.

Basically, buyers are not falling at the market yet but stacking in price and sinking the supply around $ 780. It is lucky, no fire, only absorbic.

If the place streams start to the proceeds (think the bid cvd, and that the ratio pusked for 0.6+), is when BNB could enter the price of price.

How long should then, it’s still a patience game. The structure of the structure, but blb bulls did not pull the trigger.