BNB Today's Trend Analysis (June 16)
BNB today is another standard bullish candlestick pushing forward.
Starting from 642, it peaked at 656.92 during the session, with almost no pullback, steadily rising along the 5-minute K-line, a typical slow pull-up market controlled by the main force.
MACD is still in a golden cross state. Although the momentum bar has slightly shrunk, there is no obvious peak signal, indicating that it is still building up.
Current Situation
Upper Resistance: 658~660, a historically dense pressure zone
Lower Support: 650 integer level, if it doesn’t break on a pullback, looks to continue the upward attack
MACD: There are signs of a “top divergence,” but the end of a main rise often dulls, so it is not advisable to short prematurely.
💡 Suggested Trading Ideas
Consider following in if it pulls back to 650-652 without breaking, targeting 670.
If it breaks through 660 with volume, a small cycle will open up new short-term high space (675~680).
But be wary of end-of-session sell orders washing out positions; do not chase highs, it’s better to wait for a second surge confirmation to enter again.
How can I low buy and then double my position in such a market? Details are not convenient to fully disclose.
Personal thoughts, for reference only!
