How to trade BNB tonight? Support and resistance + Long's layout explained clearly

Friends focusing on BNB tonight, just look at the key points—support, resistance, long and short signals, and layout suggestions, all clearly laid out for you.

First, let's look at resistance levels: The first key level is $877. If it can hold at the 4-hour level, there's a high probability it will push towards $894-$901 in the short term; further up is the psychological barrier at $900. If it breaks through and holds, it might open up a pathway to $1000.

Remember the support levels as well: The first support to watch during a pullback is $875-$864. If it holds, there shouldn't be too much of a problem; if market sentiment weakens, it might drop to $852-$840, which is the second key support level.

Don't ignore the long and short signals: The Bollinger Bands are currently narrowing, with a range of $680.43-$844.91, indicating that volatility is about to explode, and the breakout direction will define the short-term trend; also, the RSI indicator is currently at 66.93, approaching the overbought line at 70, so caution is advised against a pullback—don't blindly chase long positions.

On-chain data provides some confidence: BNB Chain is burning Gas fees in real-time, reducing circulation, which supports long-term scarcity; recently, U.S. companies have been buying BNB in large quantities as reserves, indicating strong underlying buying pressure.

However, be wary of pessimistic scenarios: If it falls below the $864 support, it may pull back to $840-$820, with technical selling pressure likely emerging, so be prepared in advance.

Lastly, here are Long's layout suggestions for tonight: Wait for a rebound to around $872-$875 to short, initially targeting $864; if it breaks down through $864, look down to $852. Just a reminder, this is only personal advice; real trading should be flexibly adjusted, don’t hold onto positions stubbornly. #BNB