8.3 BNB Analysis
The short-term trend of BNB is still in a rebound structure on the hourly level, with 740 being the key support level. As long as it is not effectively broken, the market rhythm remains relatively strong. This position is not only where yesterday's low was but also the dividing line for bulls and bears in the short term.
Above, we pay attention to three stage resistance levels: 752 is the upper edge of last night's consolidation area, 763 is the pressure from the previous high, and 774 is the target area that may be reached if the current rebound strengthens. If we can break through 763 with volume, the short-term trend is likely to accelerate and strengthen.
In terms of operation:
For those who are inclined towards short-term trades, they can lightly attempt long positions around 740. Those who are more cautious should wait for a breakthrough above 752 before considering follow-ups. If 740 is lost, one should temporarily avoid rebound expectations.
