Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.
Market context
We had that blue range box on BNB between $500 and $622. The key thing we've been focusing on is the head and shoulders pattern formed in candlestick form. The left shoulder was printed on Monday, 1st July. The neckline followed on Monday, 22nd July, with the head forming on 5th August via a weekly wick candlestick. The neckline was respected on 19th August, and the right shoulder was accurately tested on 2nd September.Looking back, this neckline acts as a box resistance range, especially when considering the March-April period, when we saw numerous wicks, indicating significant selling pressure in that region. A breakout above this level would be crucial, signalling that buyers are stepping in and are willing to hold rather than sell at these levels.
Market mechanics
- On 9th October, we saw a massive ramp in the funding rate, heavily skewed to the negative, meaning sellers were paying a premium to be short. This has since rebalanced, and open interest has been relatively flat since June, with no major spikes.
- The liquidation heat map shows a significant build-up of short positions above $600, which could be squeezed as we push upwards. There's even more liquidation potential just above $620, making this range particularly interesting for a potential squeeze.
Playbook
- If BNB can break and close strong above $622 and we see continued buying, then we'll be looking at a $622-$720 range. The wick from 3rd June correlates nicely to Bitcoin's push-up to approach its all-time highs.
- Currently, Bitcoin is rampaging at $68,000, back towards its 2021 all-time highs, which could carry BNB above $622. How long it stays there is uncertain, as there has been significant selling pressure between $622 and $720, much like Bitcoin's own struggles at its key levels.
Key levels
- $500-$622 (current range)
- $620-$720 (potential target after a breakout)
- Watch for short liquidations, and price squeezes above $600 and $620.
Risk management
We are at the top of a very key range, which may result in selling pressure. This is not the place to ape into any leverage long positions. Patience is key here. For those looking to accumulate, a DCA approach is good play in general. While BNB is approaching all-time highs, it may go into price discovery alongside Bitcoin and other majors. While not part of our CPRO picks, BNB has performed well this cycle.Cryptonary's take
BNB is on the brink of a significant breakout, especially with the support of Bitcoin's strong momentum. If it breaks through the $622 level, there's a solid chance it will move into the $620-$720 range and possibly into price discovery mode. While the fundamentals and market structure are strong, it's important to stay cautious, given the selling pressure historically seen around this level. DCA for spot accumulation looks ideal, but be patient with leverage positions as we sit at the top of a key range. Momentum is on BNB's side, but precision is key in managing risk.100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
