The bearish signal for BNB over the weekend is clear, the daily moving averages are in a bearish arrangement pressing down hard, any rebound hitting the moving averages turns back, and in low liquidity, bears are more daring to exert force. The short position strategy should be held steady.
Trading suggestion: When BNB rebounds to 735-745, it’s the signal to decisively enter short positions, with a target of 710-690. The pressure in this range will be more evident over the weekend, don’t wait until it breaks out to regret it.
