[Dasheng's Bold Commentary] Today's script for BNB: Bulls and bears are wrestling at $648, which side should retail investors take? (Includes practical combat skills)
"The longer it consolidates, the more explosive the breakout!" - BNB is currently stuck between $647-$648 playing psychological games, with Bollinger Bands tightening to the extreme, a market change is imminent!
For specific entry and exit points and positions, follow the main page of Dasheng, in the introduction.
Technical Analysis: Bollinger Bands are tightening, a decisive battle at $648.
1 Current Position: $647.7, Middle Band of Bollinger Bands at $645.95 (support), Upper Band at $649.6 (resistance).
2 Key Levels to Monitor:
Bullish Defense Line: $645 (if it breaks, watch $640)
Bearish Threshold: $650 (if it breaks, watch $655)
3 Indicator Signals:
The price difference between the upper and lower Bollinger Bands is only $7, countdown to a market change!
For specific entry and exit points and positions, follow the main page of Dasheng, in the introduction.
News-based stop-loss
Binance Chain Ecosystem: Sleepless AI (new project on BNB chain) up 28% in 24 hours, leading to a 5% increase in staking TVL.
Macroeconomic Risk: Tomorrow night, U.S. CPI data, beware of correlated sell-offs (refer to June 5th where BNB dropped 4% in a single day).
Dasheng believes
"Last month's bottom fishing at $648 got washed out, only later did I understand: support during consolidation is just paper, a volume breakout is the real deal!"
Today's Strategy:
Aggressive: Lightly test long at current price of $647.7, stop-loss at $645, add position if it breaks $650.
Conservative: Set a buy order at $640 or short at $655.
"There are over 2000+ BNB buy orders stacked at $647.7, but over 4000+ sell orders at $650 - is this a clear signal or a false move? Comment below with your long or short predictions, and those who guess correctly will be drawn for 3 people to receive (BNB swing trading secrets)!"
