Binance Coin, BNB, is currently not suitable for long-term holding or value investing. Although yesterday Abu Dhabi invested 2 billion US dollars in Binance, which caused a slight rise in BNB, the volume shows a decrease in trading volume, indicating insufficient rebound strength and not a high rebound level. From a technical perspective, it is currently in a downtrend. The resistance is around 600; it's best to reduce holdings when prices are high. The support is at 520, with a stop-loss around 495.
Although BNB is a good coin, from a value investment perspective, most people buying BNB are doing so for mining financial products. The most suitable entry point for BNB is between 200-300. So for those wanting to hold BNB, be patient; this bear market will definitely provide opportunities for everyone. To buy the golden goose, you have to wait for the right timing. $BNB #MGX投资币安 👇👇👇 币安王牌KOL专属群（五味子）
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