🔥 $BNB ALERT 🔥
$BNB's sitting pretty above a major demand zone (~820–850) after a full expansion → distribution → correction cycle 📊. Price has absorbed heavy selling, stabilizing at strong historical support – the same area where previous impulsive moves started 🚀.
*What's the chart saying?*
- Blow-off top's done, profit-taking's completed
- Strong demand's holding below price (buyers defending aggressively)
- Momentum's compressing → volatility expansion likely next 🔄
*Key Levels*
- Major Support: 820 – 850
- Invalidation: Daily close below 800
- Resistance Zones: 1,050 → 1,300 → 1,460
*Future Targets (If support holds)*
- TP1: 1,050
- TP2: 1,300
- TP3: 1,460 (previous ATH zone)
- Extended Cycle Target: 1,600+
This isn't a chase zone – it's a position-building area while fear is high and noise is loud . Most traders hesitate... that's when $BNB prepares its next explosive leg 💣.
Patience > panic. Structure > emotions. $BNB
