BNB is showing something important while the rest of the market is under pressure.
The price is around 684 and the 24 hour decline shown is only around 0.26 percent. Compared with several higher beta coins, that relative strength deserves attention.
When the market becomes unstable, strong assets usually reveal themselves by refusing to fall as aggressively as everything else. That does not guarantee an immediate breakout, but it tells us where buyers may still be defending.
The market is heating up through volume and volatility. Total crypto trading volume has recently been reported near 348 billion dollars, while Bitcoin dominance is around 60 percent. The next major rotation will be whether money begins leaving defensive BTC positioning and moving into strong large cap altcoins.
BNB is on that watchlist.
The support area I am watching is 660 to 675. As long as buyers defend that zone, the structure can remain constructive.
My setup
EP 675 to 690
Support Zone 660 to 675
TP 720
TP 750
SL 655
A clean reclaim above 700 would make the setup considerably more interesting because it would show that buyers are willing to pay higher prices.
The market does not need to look bullish everywhere. Sometimes the strongest coin reveals itself while everything else is still uncertain.
I am ready for the move.
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