$BNB saw a clean short liquidation near $608.8, highlighting a decisive bullish impulse that invalidated bearish positioning. This move confirms buyers regaining control above the psychological $600 level, which now acts as a strong demand zone. Holding above $600–$595 keeps the structure bullish, opening upside targets toward $625 and $645 where prior supply rests. Pullbacks into the reclaimed support are likely to be bought unless momentum weakens significantly. A breakdown below $595 would be the first sign of a deeper consolidation phase. Overall structure favors continuation higher after the squeeze. $BNB #BuyTheDipOrWaitNow?
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$BNB saw a clean short liquidation near $608.8, highlighting a decisive bullish impulse that invalidated bearish positioning. This move confirms buyers regaining control above the psychological $600 level, which now acts as a strong demand zone. Holding above $600–$595 keeps the structure bullish, opening upside targets toward $625 and $645 where prior supply rests. Pullbacks into the reclaimed support are likely to be bought unless momentum weakens significantly. A breakdown below $595 would be the first sign of a deeper consolidation phase. Overall structure favors continuation higher after the squeeze. $BNB #BuyTheDipOrWaitNow?