BNB: The Bid That Goes Nowhere

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BNB: The Bid That Goes NowhereBinance Coin / TetherUSBINANCE:BNBUSDTonlytrade2winImagine you're at an auction. The price is down 50% from the highs. Buyers start raising their hands. More volume. More interest and everything says this should bounce. But the auctioneer keeps calling the same number. $640 640 640$ For 720 days! Someone in the back of the room is hitting every single bid. Quietly. Relentlessly. The buyers think there is accumulation going on. There is not. They're just providing liquidity. This isn't a bottom forming. It's a trap being set. If $620ish area breaks and becomes resistance, the floor drops to $340. Not financial advice. #bnb #binance #turdcoin