Here are some key points to analyze:
General Information:
1. Current Price:
Last Price: 720.58 USDT.
24-Hour Change: -2.34%, indicating a recent decline.
2. 24-Hour Statistics:
High: 739.28 USDT.
Low: 694.48 USDT.
BNB Volume: 1.90 million.
USDT Volume: 1.37 billion.
3. Historical Performance:
Last 30 Days: +28.79%.
1-Year: +212.74%, showing strong long-term growth.
Chart:
The current candle is clearly in an uptrend, with a recent increase marked by high volume.
The 720.58 USDT level is marked as a current resistance area.
There is a red zone at the bottom (probably strong support) around 22.65 USDT, which seems inconsistent with the current price scale (maybe a display bug).
Action recommendations:
Current trend: A strong uptrend is visible on the chart. This could indicate a potential bullish continuation in the short term.
Strategy:
If you are bullish, an entry around the current resistance could be risky, but a pullback to a nearby support (e.g. 700 USDT) would be a good entry point.
If you are bearish, watch for a break below the key support at 694 USDT.