I. Core Price Levels and Trend Analysis
Last night, the price of BNB surged strongly, showing impressive momentum. Today's market trend's core focus is on the important price level of 653. The outcome of the long and short battle at this point will become a key basis for judging the subsequent direction of the market. The pullback performance of the lower-level K-line is also worthy of special attention.
Bearish dominant pattern
If during the pullback process of the lower-level, the price falls below 653, it marks the official start of a 1-hour level correction trend, with bearish forces beginning to gain the upper hand. Market cautious sentiment may rapidly spread, and investors' wait-and-see atmosphere will intensify. The lower support levels become key defense lines in sequence:
- 645 primary support: Short-term moving averages are densely converged here, forming a buffer zone that can initially withstand bearish impact.
- 640 psychological defense line: This level has played a support role multiple times during previous price fluctuations, carrying important market psychological expectations. Once lost, panic sentiment may be ignited quickly.
- 636 is a strategic location: Multiple cycle moving averages converge here, making it the core area for fierce competition between bulls and bears. If effectively broken by bears, it could trigger a deeper downturn, and market panic may intensify.
Bullish continuation signal
When the lower level pulls back, if the price consistently holds above 653, and subsequent cycles continue to maintain this, it indicates that bulls firmly control market initiative. Upward momentum is expected to continue to be released, and bullish confidence will be further boosted, attracting more funds to enter. Regarding the upper pressure levels:
- 669 is at the upper edge of the recent oscillation range, gathering a large amount of profit-taking and trapped positions, becoming the primary obstacle for bulls to break upwards.
- 681 coincides with a key Fibonacci resistance level, forming strong pressure on price upward movement. To achieve a breakthrough, strong buying power and positive market sentiment are needed.
- 692 overlaps with an important moving average resistance area. If this pressure level can be successfully broken, the price of BNB may open up new upward space.
II. Summary
The gain or loss of the key price level of 653 is the core of BNB's trend today. If the lower-level can effectively stabilize above this position, bulls are expected to challenge the pressure in the range of 669 - 692; if unable to hold, caution is needed for the risk of price retreating to the 645 - 636 area. The volatility is intense and filled with uncertainty. It is recommended to closely monitor changes in the lower-level K-line patterns, strictly implement stop-loss and take-profit strategies, and reasonably control positions!$BNB #BNB走势 
