$BNB #MarketSentimentToday #MarketRebound
Take a look at this BNB/USD chart! A notable gap zone forms between $647.30 and $674.33 (highlighted in red). Let’s dive into the technical breakdown:
Gap Zone Analysis:
The gap from $647.30 to $674.33 suggests a liquidity sweep, possibly from stop-loss triggers or dark pool activity. This could serve as a key support/resistance zone.
Cumulative Volume Delta (CVD): The recent volume spike indicates strong selling pressure, hinting at institutional moves or order flow shifts.
Order Flow & Liquidity Heatmaps:
The gap aligns with a Low Volume Node (LVN) around $647.30, a low-liquidity area price might retest. Watch for a bounce or break.
Order Blocks: A bullish order block could form near $610.00 (green line) if buyers defend, while $647.30 might act as a bearish order block on rejection.
Market Profile & Auction Theory:
The Point of Control (POC) near $640.00 marks the fair value area. The gap zone sits above the Value Area High (VAH), suggesting potential resistance unless volume confirms a breakout.
Delta Ladder: Positive delta near $610.00 could signal buying interest, while negative delta in the gap zone points to selling exhaustion.
Confluence Zones:
Using Bookmap or Jigsaw Trading, the $647.30-$674.33 range is a hotspot for liquidity grabs. Tape reading may reveal real-time order flow shifts.
Key levels to watch: $674.33 (resistance) or $610.00 (support) based on Sierra Chart or Market Profile insights.
Trade Idea: Await confirmation (e.g., CVD reversal or order flow change) before entering. The gap zone is a critical watch area today!
