Tonight's key for the BNB market performance focuses on the 652.6 core price level. Whether the 4-hour level can close above this position will become the decisive factor for the market's strong upward movement. If it stabilizes successfully, the bullish strength is expected to significantly increase, pushing the price towards a higher range breakout.
Core level observation
652.6 serves as a critical point bridging the previous and the next stages, and its importance is self-evident. Only if the 4-hour candlestick closing price remains stable above this price level can it confirm that the bulls are in control, making the subsequent upside potential worth looking forward to; conversely, if it fails to stabilize effectively, it indicates insufficient short-term upward momentum and increased risk of a pullback.
Distribution of key levels
Upside resistance level
- First resistance: 661.7. This area accumulates previous trapped positions and profit-taking orders, making it prone to selling pressure when the price rises, forming the primary obstacle for short-term upward movement.
- Medium-term pressure: 667. As an important technical pressure level, it requires strong buying power and market sentiment to achieve effective breakout.
- Key level: 671.8. If the BNB price successfully stabilizes at this level, it may trigger a new round of upward trend, pushing the price into a new upward channel.
Downside support level
If the 4-hour level cannot stabilize above 652.6 tonight, it suggests that a pullback trend on the 4-hour level is about to begin. Below, support levels to watch sequentially are:
- Primary defense line: 646.6. If this position can effectively absorb selling pressure, it can temporarily halt the price downtrend.
- Secondary support: 640.7. As an important psychological barrier and technical support, it serves as a crucial buffer point during the bearish decline.
- Strong support level: 634.2. If previous support levels are broken in succession, this point will become an important battleground for both bulls and bears, with its gain or loss directly affecting the subsequent trend direction.
Summary
The core of BNB's short-term trend lies in the battle for the 652.6 level. If the price can stabilize at this support level, bulls are expected to challenge the 661.7 - 671.8 resistance area; if it fails to stabilize, one must be wary of the breaking risk of the 646.6 - 634.2 support area. Given the volatility of the cryptocurrency market and the influence of multiple factors such as macroeconomic conditions and industry dynamics, it is recommended to closely monitor the changes in the 4-hour candlestick patterns, strictly set stop-loss and take-profit levels, reasonably control positions, and flexibly adjust trading strategies based on technical and fundamental information for rational market investment participation.$BNB #BNB走势 
