As of May 13, 2025, the BNB/USDT trading pair on the Binance platform saw a price exceeding 660 USDT, despite a slight daily value decline averaging 0.74%. This mixed price movement reflects a state of moderate volatility amidst high trading activity, highlighting technical support and resistance points that traders can exploit.
Key Technical Insights:
First resistance point at 662–665 USDT, where light selling concentrated, causing a temporary price retreat.
Strong support level around 650 USDT (the lower bound of the sideways channel on the daily timeframe), which if maintained by the price, could form a base for a rebound.
The 20-day exponential moving average (20-EMA) is currently near 655 USDT, serving as a detailed indicator of short-term momentum.
Opportunities and Strategies:
1. 'Buy on Bounce' Strategy:
Partial entry upon testing 650 USDT with a slight stop loss below 648 USDT, targeting 675 USDT–680 USDT.
2. 'Resistance Breakout' Strategy:
Wait for a daily candle close above 665 USDT; if confirmed, the price may extend to 690 USDT–700 USDT.
3. Risk Management:
Establish a risk ratio not exceeding 1–2% of capital in each trade, adjusting position sizes based on actual market volatility.