BNB contract suggestions, please set stop-loss strictly.
Operation Suggestions
Direction Selection:
Short-term Aggressive Strategy (Light Position to Test Long):
Reason: Price stabilizes above MA7 ($570), RSI is neutral to bullish, and may test the previous high of $590 in the short term.
Entry: Go long near the current price ($585-$586), target $590-$595 (previous high + MA25 resistance zone).
Stop Loss: Set stop loss below $578 (24-hour low) or when MA7 support fails.
Conservative Strategy (Wait or Short):
Reason: Medium to long-term moving averages show significant resistance (MA25 at $602), MACD has not turned bullish, and selling pressure is dominant.
Entry: If the price rebounds to $590-$595 and faces resistance, go short, target $575-$578 (MA7 support zone).
Stop Loss: Set stop loss above $595 (near MA25).
Stop Loss and Risk Control
Long Position Stop Loss: Strictly set at $575-$578 (below MA7 and previous low) to prevent false breakouts.
Short Position Stop Loss: Set at $595-$600 (if it breaks MA25, the trend may reverse).
Additional Notes
Market Sentiment: Currently, the battle between bulls and bears is intense, need to pay attention to the breakout direction. If the price rises above $590 with volume, consider adding to long positions; if it falls below $578, it may accelerate the decline.
Leverage Suggestion: No more than 5 times, to avoid liquidation due to extreme volatility.
Conclusion: In the short term, light positions can be used to test long, with a stop loss at $578; if it rebounds to $590-$595 and faces resistance, consider going short. Strictly adhere to discipline, do not hold positions!
(Don't forget to share half of the profits with me~ 😉) $BNB