BNB price weakens as market auction theory points to lower

BNB price is weakening after rejecting the value area high, shifting structure bearish, and increasing the probability of a rotation lower toward the Point of Control and value area low near $800–$840.

Summary

  • BNB rejected from value area high (VAH), confirming supply overhead
  • Structure weakened as the high-low projection broke down
  • Auction rotation targets POC + VAL + 0.618 Fib near $800–$840

BNB (BNB) price is starting to show clearer signs of weakness after failing to sustain higher prices at the value area high (VAH).

The recent move higher initially appeared impulsive, but rejection from VAH has disrupted the high-low projection and shifted…

Source link