I’m starting to wonder if the $BNB ‌ bulls just ran out of gas.

Looking at the 1h chart, we just took a nasty dive from the 630 region and we are currently struggling to hold 611. That long wick down to 606 shows there's some buying interest at the bottom, but the recovery looks weak so far.
If we can't reclaim 615 soon, this might just be a brief pause before we test the 600 psychological level. The order book is slightly leaning green at 53%, but that's not enough to convince me we've bottomed out yet.
Volume on the way down was definitely higher than this current bounce, so I'm playing it safe. I'll be watching that 606 low very closely over the next few candles.

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