Xu Xu Baby says Coin August 9 BNB Morning Market Analysis

I. Trend Judgment

Recently, BNB has shown strong performance, with bulls slightly gaining the upper hand in the tug-of-war between bulls and bears, but it is also facing some adjustment pressure in the short term. From a technical indicator perspective, the daily MACD indicator is above the zero line and the red bars show a growth trend, indicating that bullish momentum has strengthened; however, the KDJ indicator is in the overbought zone and there is a demand for a pullback.

II. Support Levels

- First Support Level: 780, this has been a low point for multiple pullbacks recently, providing strong support. If the price falls back to this level, bulls may launch a counterattack.

- Second Support Level: 770, this level corresponds to the hourly moving average support. If 780 is broken, 770 will become the key defense line.

III. Resistance Levels

- First Resistance Level: 795, this is the high point of the previous rebound, forming some resistance. If it can break through, it is expected to open up new upward space.

- Second Resistance Level: 810, this position is an important psychological barrier and technical resistance level, where a large amount of trapped positions are concentrated.

IV. Strategy Suggestions

- Long Strategy: If the price pulls back to around 780 and finds support and stabilizes, one can take a light long position, setting a stop-loss at 775, aiming for 795. If it breaks through 795, one can consider increasing the position, targeting 810.

- Short Strategy: If the price rebounds to around 795 and meets resistance, one can take a light short position, setting a stop-loss at 800, targeting 785. If it breaks below 780, one can chase the short, targeting 770.

Investing in BNB carries high risks, and market volatility is influenced by various factors such as market sentiment, regulatory policies, etc. It is essential to manage risks carefully when operating, strictly controlling positions and stop-losses. The above analysis is for reference only and does not constitute investment advice. #BNB #BNB走势 #美国加征关税 #下一任美联储主席人选 #美联储比特币储备