BNB poised for correction: $591.66, 70% top traders long, predicts $578 flush first.
The cryptocurrency BNB is currently trading at $591.66, which is higher than its upper Bollinger Band. The MACD indicator is indicating a flat trend, and approximately 70% of top traders have taken long positions. This situation sets up a classic long-squeeze scenario, suggesting that there may be a potential drop to a range between $578 and $585 before any significant upward movement can be expected.
