1. Critical watershed level: 669.6 is an important watershed for the BNB bullish and bearish trend. The closing price at the 1-hour level is the core basis for judging the continuation or reversal of the market. If the closing price effectively stabilizes above this level, bullish momentum will continue to strengthen; conversely, bearish forces will dominate the market, triggering a phase correction.
2. Support points and lower support
- First support level: 664.5. If the market faces pressure and falls back, this position will first bear the selling pressure and become a key defense line for short-term price stabilization.
- Second support level: 649.3. Once 664.5 is broken, this point will serve as a secondary support to resist further pressure from bears.
- Lower support level: 640.3, a strong support level in extreme market conditions. If this level is broken, be cautious of greater downward risks.
3. Long position strategy
- When the 1-hour candlestick closes effectively above 669.6, one can take a light position for long trades, with stop-loss set below 667.5, and the target prices sequentially looking towards 681.5 and 692; if it breaks 692, it can further challenge the resistance level of 701.3.
4. Short position strategy
- If the 1-hour closing price falls below 669.6, it is recommended to attempt a short position, with the stop-loss set above 672. The initial target is the support level of 664.5; if this support is effectively broken, the target can be adjusted down to 649.3 or even 640.3.
5. Summary: 669.6 is the key turning point for BNB's night trend, where both bulls and bears will engage in fierce competition. Everyone needs to closely monitor the 1-hour closing situation, strictly implement stop-loss and take-profit disciplines, and flexibly adjust positions near support and resistance levels. Also, pay attention to market capital flow and the overall performance of the cryptocurrency sector to avoid sudden risks and seize swing trading opportunities.$BNB #BNB走势 
