After a week of steady gains, $BNB

BNB/USDT just threw traders a curveball — a steep short-term pullback followed by a suspiciously strong bounce from $682.83.

This isn’t just a coincidence.

It’s a potential bullish reversal pattern forming in plain sight.

🔍 Chart Breakdown:

📉 Drop from $697.24 to $682.83 in a sharp descending wave — panic selling visible.

📈 Rebound starts with strong green candles reclaiming the 7MA, signaling possible trend shift.

🔄 Price hovering near MA(99) — critical support/resistance flip zone.

🔺 Volume starting to pick up after red dominance — whales entering?

This is classic accumulation behavior before a potential short-term reversal rally.

🧠 What Traders Are Watching:

✅ Key Resistance to break: $692.85

⚠️ Support Level to hold: $682.60

⏱️ RSI, MACD likely indicating a bottom formation (not shown but suggested based on the setup)

If $BNB breaks back above the 25MA and confirms with a higher low, we could be looking at a V-shaped recovery, possibly testing $700+ in the next 12–24 hours.

🚨 Is This the Bottom?

Although the downtrend was sharp, this kind of bounce right at long-term moving averages suggests institutional defense of key levels.

Smart money might already be rotating back in — and retail sentiment is likely to follow once $BNB pushes above $690 again.

🔥 Pro Tip:

> “The best time to buy is when fear meets structure. This is one of those moments.”

Don’t just watch the charts. Understand what the candles are whispering.

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