🌟 Short-term Trend Analysis and Trading Suggestions
🔥 Bitcoin (BTC)
• Battle Lines:
o 🛡 Support: 113500
o 🚀 Resistance: 114300
⏰ Trading Strategy
• Long Position: Not recommended to go long at the moment.
• Short Position: If the price rebounds to around 114,000 and stalls, consider opening a short position, with a stop loss at 114,500. If it breaks below 113500, increase the position size, target 112700.
💎 Ethereum (ETH)
• Battle Lines:
o 🛡 Support: 4170
o 🚀 Resistance: 4310
⏰ Trading Strategy
• Long Position: Consider going long if it retraces to 4170 without breaking it, targeting 4240-4310, with a stop loss at 4140.
• Short Position: If it cannot break through around 4240, take a light short position, target 4170, with a stop loss at 4270.
🚀 BNB
• Battle Lines:
o 🛡 Support: 826.5
o 🚀 Resistance: 837.6
⏰ Trading Strategy
• Long Position: Conditions for going long only after breaking 837.
• Short Position: If it rebounds to around 835, consider shorting, with a stop loss at 840, targeting 826.