$BNB BNB saw a sharp drop recently, followed by a calm bounce from the lower zone. Right now, price is moving sideways, showing that the market is digesting the move, not panicking anymore.
What the chart is saying (1H view):
Strong rejection from the lower wick shows buyers defended the dip
Price is stuck below short-term moving averages → recovery is slow
Momentum is neutral, not weak, not strong
Higher timeframe view (4H):
Trend is still healthy above major structure
This drop looks more like a correction than a trend reversal
Sideways movement here often decides the next direction
🔮 Fut