Everyone is looking at the big names while $BNB ‌ is quietly deciding its next major move.

I’ve been staring at this 1D chart and it’s a textbook definition of a consolidation phase. After that nasty drop from the 800 levels, we’ve just been flatlining. We are currently at 603.72 and the price is essentially stuck in a box between 570 and 636.
The price action is getting really tight. When the range gets this compressed, the breakout usually carries a lot of weight. We’ve tested that 570 support a few times now and it’s holding for dear life, but the bounces are getting weaker. 24h volume is around 93M USDT, which is okay, but we need a massive surge to actually clear that overhead resistance.
If we lose 588, I think we could see a quick trip down to the mid 500s. On the flip side, if we can actually close a daily candle above 640, things might finally start looking up again. For now, it’s a waiting game and I’m not interested in overtrading this chop.
Are you guys accumulation here or waiting for the confirmed breakout?

#DeepCreationCamp