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Is it just me, or does this $BNB chart look like it’s about to trap a lot of people?
We just saw a pretty sharp rejection at that 923.93 level. That big red candle on the hourly is a bit of a reality check after that nice climb.
Right now, we are sitting at 906.78 and it feels like we're back in that familiar chop zone. There's some decent support around the 900 to 903 area, but if that doesn't hold, we might be looking at a trip back down to 890.
Volume is looking a bit thin on this bounce attempt. I'm staying patient here. I want to see if we can consolidate and form a higher low or if the sellers are going to take control again.
Not clicking buy just yet. Let’s see how we close this next hour.
#My2026FirstPost