Conditions for continuation of bullish trend
- Support level: 616.5 is a short-term strong/weak dividing point; if it holds during a pullback, the upward structure remains intact.
- Target level:
1. Previous high pressure level 623.8 (breaking through opens up upward space);
2. Secondary pressure zone 630-636.6-644.6 (requires volume support to break through).
Pullback risk and support
- Breakout signal: If unable to break through the previous high and falls below 616.5, enter a pullback at the hourly level.
- Support level:
1. First support at 609.3 (recent low);
2. Second support at 604 (50-hour moving average);
3. Strong support at 597.7 (key daily support).
Operation Suggestions
- Aggressive: Light positions near 616.5 for a long, target 623.8, stop loss below 615.
- Conservative: Wait for a breakout above 623.8 or follow up after a drop below 616.5, avoid chasing highs.
Summary
BNB's night trend revolves around the 616.5-623.8 range, with a tug-of-war between bulls and bears; 616.5 is the dividing line between bulls and bears, determining the short-term trend direction. The current market is supported by the enthusiasm of the exchange ecosystem (such as Launchpad expectations) and the upward movement of Bitcoin, but caution is needed for overbought pullback risks (RSI close to 70). It is suggested to use the gains and losses at the dividing line as signals for operations; if the previous high breaks, you can chase the rise, if it breaks the support, then observe or take light short positions, and be sure to strictly maintain stop losses to avoid chasing highs and killing dips. Pay close attention to Binance platform dynamics and market capital flows, and guard against volatility brought by sector rotations.$BNB #BNB走势 
