BNB Strategy on August 18:
Although the moving average system shows a bullish trend, the trading volume is extremely shrinking and there is a divergence in volume and price, indicating insufficient upward momentum and a lack of breakthrough power in the market. From a technical perspective, the support level at 799 and the resistance level at 864 constitute strong short-term support and resistance, respectively, with the price oscillating repeatedly in this range, waiting for further confirmation of direction.
Trading Suggestions:
Sell around 840±5, target near 815-825
