$BNB Critical Moment! Pay close attention to these three points tonight
Family, have you been watching the market tonight? BNB's performance tonight has been too "tangled"! The price has been weaving "yarn" around 859 for the whole night, with a fluctuation of less than 0.3%. But in times like this, one must stay alert—under the calm surface, big fish are often hiding!
BNB is in a “pincer market” with pressure above and support below. It is currently being suppressed by moving averages, showing some weakness. However, such narrow fluctuations are often a precursor to a trend change!
Long Strategy:
1. The price must stabilize above 862.67 with volume. This is the first signal to reverse the short-term weakness, consider taking a small position to go long.
2. On the basis of stabilizing above MA25, further volume increase to break through 865 (recent minor resistance). Upward space may be opened, which can be seen as a signal to add positions or chase the price.
3. The price does not fall deeply, quickly rebounding after a retest around 858.4 or 855 (recent lows). This is a characteristic of a strong adjustment and a buying opportunity.
Short Strategy:
1. If the price rebounds to around 862.67 and fails to gain momentum, with low trading volume, it indicates effective pressure and weak performance. Consider taking a small position to go short in this area.
2. If the price breaks down through the support of $858.4 with increased volume and cannot recover in a short time, the short-term structure may weaken. Consider going short with the target looking below $855.
3. If the price effectively breaks down below $855 (the low point platform that has been tested multiple times recently). This may open up greater downward space, so be cautious.
BNB is now like a compressed spring, needing external force to break the balance. Our strategy is simple: break through 865 and stabilize, consider going long; break down below 855 and cannot hold, consider going short. In the middle position, be patient and watch the show!
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