Is the extravagant fortune about to slip away? $BNB surprises with a "death close", tonight is a life-and-death battle at 900!
BNB is being pressed down by bears tonight, rolling and crawling down to 860! The price is being crushed by all moving averages (short, medium, long term) like three towering mountains, the chart looks so ugly it’s hard to look at. Now, the price is lying at the edge of the cliff at 860, with the nearest 865 above becoming an insurmountable barrier. Tonight will determine whether the bulls can stage a desperate counterattack back to 865 or whether the bears will kick BNB off into the abyss below 850. The life-and-death showdown is tonight.
So today, Teacher Zhuge provides everyone with a thought:
Bullish Strategy:
1. If the price quickly plunges and instantly breaks 850, but then immediately pulls back with a deep V, leaving a super long lower shadow, forming a "single needle bottom". You can try a small long position around 852 to bet on a violent rebound. The stop loss must be firmly set below 848. The rebound target looks at 860.
2. If the price unexpectedly surges with huge volume, violently rising and breaking through MA7 (865.62) and stabilizing, showing that there is "whale" level capital forcefully protecting the price. You can chase long with a very small position, targeting around 875.
3. Set the stop loss below 863.
Third, Bearish Strategy:
1. Layout a short position near 866, which is a classic operation in line with the pressure from the moving averages. Set the stop loss above 870.
2. If the price breaks below today’s low of 860.47 with increased volume, threatening 855. You can follow up with a light short position, targeting down to 850. Set the stop loss above 862.
3. If the price weakly consolidates between 860-865 for several hours and fails to stay above 865. You can lay out a short position near the upper edge of the consolidation zone at 864, betting that a prolonged consolidation will lead to a drop. Set the stop loss above 868.
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