Something is changing in the market.
The atmosphere has been quiet, but quiet markets often create the conditions for the next major move. BNB is currently around 694.084 with a positive 24 hour move of 0.74 percent.
What matters now is whether this strength develops into continuation.
BNB has already shown that buyers are willing to defend the current price area. The next test is whether price can establish itself above 700 and turn that psychological level into support.
The zone around 680 to 695 is the first area I am watching. If buyers continue defending this region, the structure remains interesting.
A sustained move above 700 with stronger volume would make the upside setup much more attractive. The next levels I would watch are 720 and 750.
Whale activity is another important confirmation. Large wallet accumulation combined with rising volume would make the move more convincing. Without that confirmation, I would remain disciplined rather than assuming every green candle is the beginning of a major rally.
EP: 690 to 700
TP: 720, 750, 780
SL: 670
BNB does not need to make a huge move today.
It only needs to keep building higher support and attract stronger participation.
The market is heating up again, and I am watching closely.
I am ready for the move.
#Fed Chair Warsh signals rate hike
