1. Core Trend Judgment
Currently, BNB has entered a minor correction phase after reaching the second resistance level at night, with 658.2 becoming the key watershed for the day's bullish and bearish trends. The movement at this point will clarify the direction through the 2-hour candlestick pattern: if the 2-hour closing price stabilizes effectively above 658.2, it means bullish momentum is sufficient, and after the correction, there is hope to continue the upward trend; if it falls below this price, bearish strength will increase, and the market will enter a 2-hour correction cycle.
2. Key Point Analysis
Resistance Level
- Short-term Suppression (671.1): This is the first resistance for the bullish counterattack; once broken, it will open new space for price upward movement.
- Medium-term Strong Resistance (681.5): As an important checkpoint for intense confrontation between bulls and bears, if successfully broken, it will further confirm the bullish dominant position.
- Important Threshold (692): This price level is a key turning point for market sentiment; a breakout may trigger an accelerated upward trend.
Support Level
- First Defense Line (651): The primary buffer area when bears pull back; if effective support can be formed, it may temporarily ease downward pressure.
- Key Support (641): Once lost, bearish market sentiment may intensify, expanding the adjustment range.
- Ultimate Support (631.3): The last support level under extreme conditions; if breached, it may trigger a deep adjustment.
3. Trading Strategy
Bullish Strategy
When the 2-hour candlestick closes effectively above 658.2, one can enter a long position. To prevent false breakout risks, set the stop-loss below 656. The take-profit targets are: first target 671.1; if successfully broken, look towards 681.5; if the price continues to strongly break through 681.5, then it may challenge 692.
Bearish Strategy
If the 2-hour closing price falls below 658.2, it is recommended to attempt a short position. To avoid short-term rebound risks, set the stop-loss above 660. The take-profit targets are: first target 651; if it continues to break lower, look towards 641; in extreme cases, one may try to look towards 631.3.
4. Trading Summary and Risk Warning
658.2 is the core observation point for today's BNB market; the closing price on the 2-hour level will directly influence the bullish and bearish trend. Everyone must strictly formulate trading plans around this point and rigorously implement stop-loss and take-profit strategies to avoid emotional trading. When trading near support and resistance levels, it is necessary to adjust positions based on real-time market fluctuations, changes in trading volume, and industry news, being wary of the main funds' washout actions and risks brought by sudden market movements to ensure trading risks are always within controllable limits.$BNB #BNB走势