$BNB BNB|August 26, 11:30 AM TradeyAI Morning Market Commentary
BNB real-time price is approximately $846. Compared to the framework we provided last night of 'holding 855 and 860, looking up to 875 and 885', the current price has fallen back to the lower edge of the support range, indicating a retracement test in a high-level consolidation.
Data Overview: In the past 24 hours, BNB has dropped approximately 3.9%; trading volume is about $3.416 billion, circulating market value is approximately $117.7 billion, and the trading volume remains but momentum is cooling. If we cannot quickly recover 855, the upper limit of the range will continue to be under pressure.
Technical Structure: After several days of upward movement, it has transitioned into upper edge compression → sideways retracement rhythm; the current price is stepping down to the 845 to 850 line, and if the trading volume does not recover, it is likely to fluctuate within the 840 to 855 box. Regaining 855/860 with increased volume is necessary to qualify for retesting 875 and 885; conversely, if it breaks below 840, the next support levels to watch are 830 and 825. (Range combined with the day's market and the aforementioned key levels calculated)
Operational Suggestions:
• Conservative: Confirm one of the two before taking action—① Stabilize and rebound around 845± + increased trading volume for a low buy, risk control below 840; ② Follow the trend with a 1-hour volume increase closing above 855 or 860, initially looking at 875, extending to 885.
• Aggressive: Lightly try to go long in the 845 to 850 range, do not increase positions without volume; if there is a direct volume increase beyond 860, then add to the position, failure will return to test the order.
• Discipline: During event periods, strictly control positions and stop-losses to prevent 'false breakouts/fake breakdowns'; take profits from winning trades in batches and decisively cut losses on losing trades.