Xuxu Baby says Coin Analysis for BNB on 8.16

The Binance daily chart shows that the BNB price is around 820, which is in the lower-middle part of the recent fluctuation range. Previously, it had a slight pullback from a high position, and the volatility is easing.

Technically, the MACD green bars are slightly narrowing, and the fast and slow lines are showing a flattening trend above the zero axis, with the short-term direction still unclear; the RSI is around 48, indicating a basic balance between bulls and bears.

Key support to watch below is 810, which is the previous support level and a key psychological level. If it breaks down, we may look towards 800. The upper pressure level to watch is 835, which is the previous dense resistance area; if broken through, we may further look towards 845.

Operation suggestions:

- If there is a rebound to the 833-835 area and there is a stagnation K-line, a light short position can be taken with a target of 820 or 810.

- If it stabilizes around 810-813 and there are reversal signals like a hammer line, a light long position can be taken, aiming for 828-835. Be sure to set stop-loss orders to guard against price volatility risks. Teachers who don't understand trend directions share directional strategies every day, so pay more attention to them! #bnb #BNB走势 #美国7月PPI年率高于预期 #加密市场回调 #山寨季何时到来？