Thanks for the breakdown — solid summary of BNB's current technicals.
Here’s a quick take on what traders might want to keep an eye on right now:
Price Action Insight:
The rejection near $620 and sharp drop suggest a classic bull trap setup.
If $600 cracks decisively (with strong volume and momentum), the path to $585 or even $580 looks open.
However, a bounce from $600 could trigger a dead cat bounce, especially if short-sellers start taking profit.
Volume Check:
Low volume on the drop = potential for a fakeout.
High volume = likely continuation.
Strategy Ideas:
Short bias: Below $600 with confirmation (e.g., retest & fail).
Long scalp: If $600 holds and price reclaims $605-$607 quickly.
Let me know if you want a chart visual or some automated alerts for these levels — happy to help you track it more closely.
