Family, now Brother Yang will talk about the BNB market this afternoon. Recently, the price of BNB has been very volatile, and this afternoon it has already fallen below the key support level of $740, with the current price at $739.96, and a 24-hour decline of 2.72%. This $740 position is the 'bull-bear dividing line' emphasized today; losing it means the end of the one-hour level rebound, and the subsequent market is likely to continue to decline.
The current one-hour RSI is already close to 30, entering the oversold zone. According to past experience, it may trigger a short-term technical rebound. But everyone should pay attention; if the volume does not keep up during the rebound, that is, a rebound with low volume, it is very likely that the downward trend will continue.
Brother Yang has provided operational advice for this afternoon: wait for a pullback to around 743 - 747 to short, with a target looking towards 737 - 730. However, the market is very turbulent right now, so everyone must choose the right opportunity to enter, be very cautious! #BNB走势