7.23 BNB Analysis
BNB today strongly refreshed its phase high, peaking at 810, breaking through last week's consolidation range and releasing a clear trend signal. Currently, the market is fluctuating, and BNB is rising against the trend, indicating that there is clear driving force behind this wave of increase, and the sentiment has turned positive.
However, it is important to note that after consecutive rises, there is indeed a possibility of a short-term pullback for consolidation, especially against the backdrop of intensified fluctuations around the 800 level, and we cannot rule out the possibility of the main force washing out before pushing higher.
In terms of operations, as long as it does not break the 795-800 range during a pullback, it presents a buying opportunity; set the stop-loss below 785;
If it directly breaks through 815, it indicates a strong acceleration, and one can lightly follow the trend to add to positions, targeting 835-850.
