$BNB is showing short-term weakness on the 15m chart, currently trading around 607.50 after a -2.9% move.
We’re seeing a clear downtrend with lower highs forming, and price sitting below the MA60 (609 area), which signals bearish momentum in the short term.
However, something interesting stands out 👇
📊 Order book shows strong buyer presence (≈77% bids vs 22% asks)
📉 Price just bounced slightly from the 605–607 support zone
📦 Volume spike suggests recent panic selling or liquidity grab
This could mean one of two things:
1️⃣ Continuation down if 605 breaks clean
2️⃣ Short-term reversal if buyers step in strongly
My approach:
→ Watching support closely
→ Not rushing entries
→ Waiting for confirmation before any move
Smart traders react, not chase.
Are you buying this dip or waiting for confirmation? 🤔
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