1. Above the Watershed: Continuation Path for Bulls
If the price can stabilize above 633.5, a small-level rebound is expected to continue, showing a bullish dominant pattern:
- Core Support: 633.5, as a critical defense line for short-term bullish and bearish battles, holding this level is the foundation for maintaining an upward trend.
- Pressure Level: When prices are rising, the primary challenge is the resistance level at 644, the previous high. If successfully broken, the resistance levels to watch above are 651, 658.4, and 667. Once these levels are broken, they can turn into support, aiding further upward movement.
2. Below the Watershed: Bearish Downward Channel
Once the price effectively falls below 633.5, it is expected to trigger a 1-hour level pullback, with bearish forces dominating:
- First Support: 629, based on the recent low points to form support. If quickly lost, it may accelerate the downward trend.
- Secondary Support: 622.7, located near a round number, is likely to attract bottom-fishing funds, forming a temporary buffer.
- Ultimate Support: 615, an important support level on the daily chart. If broken, it may trigger a deeper pullback.
Summary of Trading Strategy: 633.5 is a key point for assessing BNB's short-term trend. When the price stabilizes above this level, bullish opportunities can be considered; if it breaks down, caution for bearish risks is needed, with timely stop-loss or reversal actions. It is recommended to combine candlestick patterns, changes in trading volume, and other indicators to comprehensively assess the validity of the trend, and strictly set stop-loss (for example, 2-3 price levels below key points), flexibly respond to market fluctuations, and seize trading opportunities.$BNB #BNB走势
