BNB is at a critical position currently, subsequent layout
Price is 644.88 USD, currently changing -1.42 USD (-0.00%) compared to the last close.
Short-term resistance: The 20/50 day EMA is around 645–650, blocking the upward trend, with multiple attempts hindered and momentum weakening.
Stable long opportunity: A light long position can be taken in the 645–647 range, setting a stop loss at 639–640, with an initial target of 654–656, then watch for 670–680.
Aggressive operation choice: The "pin bar rebound" strategy can be considered: set limit orders about 10% lower and about 10% higher, to capture these common overnight gap short-term fluctuations.
If the USDT exchange rate breaks the resistance point, or if BTC weakens, the downside space for BNB could expand to 620–630;
645–650 is a key short-term support and resistance zone for BNB, the pattern is subtle:
Bullish traders can use this to try going long, while bearish traders should wait for a breakout before entering the market.