$BNB took a nosedive from the 700s straight into the 580s !
Since then?
Price has been coiling inside a tight structure between 600 and 640, forming a clear compression zone.
Current price: ~615
Key levels to watch:
🔻 Support zone: 605–600 If this base cracks with volume, expect expansion toward: • 585–570 (previous swing base) • 540–520 (measured move zone)
🔺 Resistance zone: 630–640 A clean 4Hr close above this region shifts short-term momentum and opens: • 660–670 • 690–710
Right now, $BNB is sitting near the apex. The tighter it gets, the harder it moves.
This is a classic volatility setup — not a hold-and-hope zone.
Break of 600 or 640 decides direction.
Stay reactive, not emotional.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BNB DECISION TIME — 600 HOLDING… FOR NOW
The breakdown from the 4Hr bearish pennant already happened.
Structure failed near the apex, and price slipped straight into the 600–605 demand zone.
🔻 If 600 Breaks Cleanly (4H close with volume)
Expect acceleration toward:
• 585–570 → Previous swing base
• 540–520 → Measured move completion zone
Once 600 gives up, liquidity below gets hunted fast.
🟢 If Bounce Builds Strength
For bulls to regain control:
• Reclaim 630–640
• Strong 4H close above descending trendline
• Hold above 640 as support
Only then momentum shifts toward:
• 660–670
• 690–710
Until that reclaim happens, upside is corrective.
Unless we see aggressive reclaim above 630, probability still favors downside continuation.
Since then?
Price has been coiling inside a tight structure between 600 and 640, forming a clear compression zone.
Current price: ~615
Key levels to watch:
🔻 Support zone: 605–600
If this base cracks with volume, expect expansion toward:
• 585–570 (previous swing base)
• 540–520 (measured move zone)
🔺 Resistance zone: 630–640
A clean 4Hr close above this region shifts short-term momentum and opens:
• 660–670
• 690–710
Right now, $BNB is sitting near the apex.
The tighter it gets, the harder it moves.
This is a classic volatility setup — not a hold-and-hope zone.
Break of 600 or 640 decides direction.
Stay reactive, not emotional.