$BNB $BNB is at a Decision Point – Will It Pump or Dump? 🚨

BNB has pulled back from its high of 648 and is now consolidating near 609. Is this a buying opportunity or a trap?

📊 Key Insights:

Downtrend Alert: BNB is still below the 21 EMA, signaling weakness.

Weak Volume: Buyers are not stepping in yet, which means a breakout is uncertain.

RSI at 49: Neither oversold nor overbought – the next move depends on volume and trend confirmation.

📍 Critical Levels:

Resistance: 617 – Needs a strong close above this to flip bullish.

Support: 596 – If this breaks, expect further downside towards 565.

⚡ Trading Plan:

Buy only if BNB breaks above 617 with strong volume.

Wait if BNB keeps struggling under resistance.

Short opportunity if rejection happens near 617 with increasing sell volume.

🚀 Verdict: BNB is at a make-or-break zone! Stay cautious, watch the EMAs, and don’t FOMO