$BNB
🎙BNB Market Update on August 20 at 10 PM
It is now 10 PM, and the real-time price of BNB is approximately $833;
The range in the past 24 hours has been $819 to $845, with a trading volume of about $2.95 billion and a circulating market cap of approximately $114.9 billion, indicating a high-level narrow fluctuation.
Technical Summary: MACD has fallen from a high but has not crossed over, RSI has returned to a neutral to strong position, and the price is consolidating above $830; as long as the trading volume does not shrink, the probability of a second upward push remains.
Key Levels and Rhythm:
— Support: $825/$820; if lost, look for a second support at $800 to $810.
— Resistance: $835/$840; if volume increases and it stands above, priority is to test $850 to $860.
— Range Idea: Before seeing increased volume, continue to operate within the $820 to $840 box, buying high and selling low.
Pragmatic and probability-first operational advice (not investment advice):
The conservative approach is to wait for one of the two “confirmations” before entering: ① A retest and stabilization around $820 + an increase in volume; ② A one-hour increased volume solid K candlestick closing above $840, follow to go long, with risk control below $835; the aggressive approach can try small long positions between $823 to $828, stop loss below $820, and do not increase positions without increased volume. Before macro events settle, prioritize position and stop loss.
In summary: Maintain the structure above $820; recovering above $835 and $840 gives the qualification to challenge $850 to $860 again.
Will you choose to wait for support confirmation before entering tonight, or try a short-term trade during a pullback? Write your choice in the comments! Don't forget to like and follow TradeyAI, using the most reliable data and sharpest logic to seize the next rhythm together!
