$BNB BNB｜August 29th, 10:40 AM TradeyAI Morning Market Update

BNB is reported at approximately 874 USD based on Binance; compared to last night's support at 855/850 and resistance at 875/885, the current price is approaching 875 but has not effectively broken above, remaining in a high-level consolidation; the recent 24-hour range is between 856 and 879, with no structural break.

Technical analysis and key levels: The four-hour trend line is still intact, and RSI is neutral to slightly strong; if volume expands and breaks above 875 and 885, there is potential to test 900 again; if it falls below 855 and 850, it is likely to revisit 843 to 845 for support. The range is based on Binance's 24h statistics and market calculations.

Operational suggestions:

Conservative traders should only act when two types of “confirmations” appear—① 855± retest stabilizes + volume increases, then buy low, with a stop loss below 850; ② 1-hour volume increases with a solid close above 875, follow the trend, targeting 885 to 900.

Aggressive traders can try buying lightly between 868 and 872, without adding unless there is an increase in volume; if it breaks significantly above 875, add to the position, but decisively cut losses if it drops below 850 to 852.

In summary: Holding above 855 = bullish consolidation; breaking above 875 and 885 = a ticket to attack 900.

Leave the win rate to data and discipline—pay attention to TradeyAI, with entry points and risk control levels synced in real time.