🚀 BNB – Is the explosion near?
Current price approximately: $670
Time frame: 4 hours
🧠 Why are we anticipating a bullish explosion?
🔥 Massive token burn
Binance completed a quarterly token burn, burning 1.595 million BNB (~$1.07 million) in one day BinanceTradingView+1X+1
This reduces supply and increases scarcity—a key factor for upward pressure.
🐋 A quiet gathering of whales
On-chain data shows whales buying at a price below $655 despite the quiet funding Brave New Coin+5TradingView+5The Currency analytics+5.
Also, daily BNB trading volume exceeds $1 billion—evidence of a strong accumulation.
📈 Positive technical formation
BNB is moving within an ascending triangle, with increasing support levels and clear resistance at $690–700 CoinDesk+4TradingView+4TradingView+4.
🔄 Positive divergence in RSI
The RSI indicator shows a reversal—price action is recording higher lows, while RSI recorded lower lows, which is a traditional signal of an upcoming bullish explosion The Currency analytics+2BeInCrypto+2The Currency analytics+2.
🎯 Trading plan
Entry point: $665–670 (currently the best opportunity)
Stop loss: Below $635 (if broken, the technical setup collapses)
Expected targets:
• First target: 📌 $700
• Second target: 🟢 $733 (based on the technical model) coincentral.comThe Currency analytics+3TradingView+3TradingView+3
💡 The true breakout signal: a 6-hour candle closing above $700 with high trading volume—these details all open the door for a new price explosion.
📝 Summary
BNB is now in a "calm before the explosion" phase:
🔥 Burning reduces supply
🐋 Whales are gathering in silence
📈 The technical structure supports a bullish explosion
📊 RSI divergence confirms upcoming accumulation
If the close above $700–700 is confirmed with high volume, we expect a shift to $733+ in the next phase.
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