BNB's trading volume in the last 30 minutes suddenly surged, with a rise of 90.2%. Such abnormal movements are usually not coincidental.
The current price is around 906.92 USDT, just 0.92% away from the major support level at 899.33. The support zone ranges from 899.33 to 902.76, which is a key area to watch.
From a technical perspective, a rapid increase in trading volume often signals the beginning of a trend. If you are considering going long, you can place an order at 899.33 as a relatively safe entry point.
A sudden spike in volume combined with a price near support could indicate an interesting upcoming trend. It is recommended to closely monitor BNB's next movements and react promptly to any changes.
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DeadTrades_Walking
· 4h ago
90% increase? How much capital would need to be invested to achieve that? Is it real?
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GasFeeSobber
· 4h ago
A 90% increase, someone must have thrown in some money... I don't have the guts to buy the dip, it's too easy to get crushed.
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ser_we_are_ngmi
· 4h ago
A 90% increase... how many people are forced to liquidate, I feel heartbroken for a second
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SerumSquirrel
· 4h ago
90.2%?Bro, how much selling pressure does that take? That's a bit scary.
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Using the same support level again? I got trapped the last time I heard this.
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Trading volume surging... Isn't this a classic sign of distribution? Should we do the opposite?
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Can we buy at 899.33? Feels like it might still fall.
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Wait, with such a strong 30-minute rally, could this be a sign of a black swan coming down...
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Take a gamble? Or wait for more decline before jumping in? Still undecided.
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Support is indeed not support. I've seen this too many times.
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Watching the surge in trading volume, I feel like something is about to happen.
BNB's trading volume in the last 30 minutes suddenly surged, with a rise of 90.2%. Such abnormal movements are usually not coincidental.
The current price is around 906.92 USDT, just 0.92% away from the major support level at 899.33. The support zone ranges from 899.33 to 902.76, which is a key area to watch.
From a technical perspective, a rapid increase in trading volume often signals the beginning of a trend. If you are considering going long, you can place an order at 899.33 as a relatively safe entry point.
A sudden spike in volume combined with a price near support could indicate an interesting upcoming trend. It is recommended to closely monitor BNB's next movements and react promptly to any changes.