1. 4-hour key level: 603.7 determines short-term direction

Currently, BNB is at a critical juncture at the 4-hour level at 603.7, the trend needs to focus on the closing performance:

1. Stabilizing above 603.7:

- If the 4-hour closing line confirms a breakout at this level, bullish strength will dominate, and the market is expected to continue upward.

- Pressure level above:

- 609 (short-term resistance, near previous highs);

- 614 (mid-term transaction dense area pressure);

- 620 (key point for long-term trend, breaking through opens up upward space).

2. Losing below 603.7:

- If the closing line cannot stabilize, bears may dominate the pullback and test the support below.

- Support level below:

- 596.7 (recent low point, initial support);

- 592.6 (4-hour moving average support, breaking accelerates decline);

- 587.2 (strong support area, corresponding to previous fluctuation low points).

2. Trend logic and operational strategy

- Bullish breakout conditions:

Need volume support (increased trading volume) and market sentiment resonance, after the breakout be cautious of selling pressure in the 609-614 range.

- Operational suggestions:

- Bullish strategy: After stabilizing above 603.7, try to go long with a light position, target 609-614, stop-loss at 601 (exit upon breaking).

- Bearish strategy: After breaking below 596.7, one can open short positions on rallies, with targets at 592.6-587.2, stop-loss at 598 (stabilization stop-loss).

- Conservative strategy:

Wait for a breakout above 614 or a drop below 592.6 before following up, avoiding frequent operations within the range of 603.7 ± 3%.

3. Risk warning

- Pay attention to Binance platform dynamics (such as IEO, burning plans) on BNB's impact;

- Cryptocurrency is highly volatile, it is recommended to keep positions ≤20%, and control the stop-loss range at 1.5%-2%;

- Can be combined with RSI overbought and oversold signals (e.g., RSI > 70 caution for pullback, RSI < 30 watch for rebound) to assist in judgment.

Summary: Today BNB is engaged in a tug of war around 603.7, the 4-hour closing shape is a key signal. It is recommended to patiently wait for a clear breakout signal, avoiding early entry near resistance/support to reduce the risk of false breakouts.$BNB #BNB走势