1. Core Watershed: 656.8 is the key watershed for BNB's daily trend, located in the small level rebound top consolidation area. Only when the price effectively stabilizes above this level within the 1 - 2 hour period, forming an entity bullish candlestick with synchronized increased trading volume, can the rebound trend be confirmed; if it continues to be pressured below 656.8, it indicates a lack of bullish momentum, and the trend is likely to continue downward.

2. Support and Resistance Level Layout

- Resistance Level: Once BNB breaks 656.8, the upper level must focus on three major resistance points. The first resistance point is $671.1, which may trigger a short-term pullback; if it successfully breaks through, it will face medium-term resistance at 681.5; if it can strongly overcome this level, 692 will become a strong resistance point, and breaking through is expected to open up upward space.

- Support Level: If the rebound fails to stay above 656.8, the price will test the previous low of 640. If this level can form effective support, it may trigger a small level rebound; once it falls below, the subsequent support levels are 631.3, 622.7, and 615, where bears may further seek support balance.

3. Long Position Strategy: When the 1 - 2 hour candlestick entity effectively breaks through 656.8, and the trading volume increases by more than 30% compared to the previous period, a light position can be entered for long. Set the stop loss below $653 to avoid false breakout risks. The target price looks successively at 671.1 and 681.5; if 681.5 is successfully broken, it can further look at the 692 resistance level.

4. Short Position Strategy: If the price repeatedly faces pressure below 656.8, forming bearish patterns such as long upper shadow candlesticks or evening stars, a short position may be considered. Set the stop loss above 659.8 to prevent short-term volatility losses. The target is initially set at the 640 support level; if broken, it can continue to look down at 631.3, or even lower support levels.

5. Trading Summary: 656.8 is the core point of contention for bulls and bears, directly dominating the daily trend of BNB. Everyone needs to closely monitor the 1 - 2 hour candlestick patterns, changes in trading volume, and the breakout and stabilization of this level, combined with technical indicators such as MACD and KDJ for comprehensive judgment. It is essential to strictly implement stop-loss and take-profit strategies during operations, operate cautiously near key support and resistance levels, and pay attention to the overall sentiment of the cryptocurrency market and changes in macro news, adjusting trading strategies flexibly to effectively avoid market risks.$BNB #BNB走势