$BNB
🛡️ BNB has recently stabilized, but this trend looks a lot like it's holding back a big move. Will it explode, or will it suddenly drop into a pit? Let's talk about it directly in the market!
🔥 Current Situation:
BNB has successfully held above the moving average, which is definitely commendable!
👉 But the problem is, while the bulls are holding steady, they can't push the price up, and the rebound strength is clearly weak.
🚀 For the bulls to win, they must do this:
🎯 Breakthrough at $620 directly!
✅ As long as it holds above $620, BNB has a chance to soar to $644,
🚀 and even further challenge the big barrier of $680!
🧊 But the bears are not giving up:
😈 As long as BNB falls below the 20-day moving average of $597,
💣 the bears may take the opportunity to strike back, causing the price to fall to $576,
⚡ or even further test the support at $566!
(At that time, the bulls may have to come out to save the day again…)
🎯 Operation Suggestions:
🚀 Breakout Strategy: Follow up with long positions when breaking through $620, aiming for $644 and $680!
🛡️ Defensive Strategy: Cut losses decisively if it falls below $597; the bears will start to perform.
🎯 Bargain Strategy: Consider buying low in the $576-$566 area for a rebound!
🐲 Final Remark:
"BNB now looks like a dragon holding its breath; it can only truly spread its wings and soar if it breaks through $620; otherwise, it may fall into a pit at any time, so everyone must be alert!"