Currently, the BNB price is oscillating around $649. After recent adjustments, BNB has shown some support strength, but the overall market atmosphere remains cautious.
On the daily chart, the BNB price has tested the support level near $650 multiple times, and this position has shown stability in the short term.
The RSI indicator is in the neutral to low range, indicating that there may be some short-term pullback pressure, but it has not entered the oversold zone, suggesting that there is still room for a rebound.
Focus on support level: Treat $650 as a key support level. If the price stabilizes in this area, consider accumulating positions. If it falls below, be cautious in managing positions to prevent further declines.
Set stop-loss: It is recommended to set the stop-loss around $630 to avoid significant losses from unexpected risks.
Enter in batches: Given the market uncertainty, adopt a batch entry strategy to avoid the risks of buying everything at once.
