The long liquidation around $575.26 on $BNB looks like a classic leverage flush that removed weak long positions from the market. I'm not interested in buying immediately after the drop. I'd rather see BNB hold above this support zone and show clear buying interest with rising volume before entering. If buyers reclaim momentum, the chart could recover toward the next resistance levels. If price loses support, I'll avoid the trade and wait for a stronger setup instead of trying to catch the bottom.
EP: $573.00–$577.00
TP: $590.00 | $605.00 | $625.00
SL: $562.00
