$BNB BNB-260203-790-C option contract on the 30-minute timeframe shows an extremely volatile move with a sharp 466% price surge in the last 24 hours, followed by a clear loss of momentum. Price rallied from around 0.70 to 1.70 and is now consolidating at that level, sitting exactly on the short-term MA(7), while longer moving averages are not formed, indicating very limited historical data and low liquidity. The initial pump was supported by a strong volume spike, but current volume has dropped significantly, suggesting buyer exhaustion and possible distribution by early participants. Market structure reflects a classic post-pump consolidation with no continuation highs, increasing the risk of a downside move or time-decay impact as this is an options contract. Key resistance lies near 1.90–2.00 and the session high at 2.80, while support is around 1.50 and the major breakdown zone near 0.70. Overall, the setup is high risk, unfavorable for fresh long positions, and more suitable to avoid or approach only with short-term, highly disciplined trades

BNBUSDT

Perp

619.49

+0.69%