9.9 Early Morning $BNB
BNB has maintained an oscillating upward trend since rebounding from a low near 830. The current price is hovering around 880, just stuck between 878 and 884.5. The short-term moving averages are all in a 'bullish alignment' state, and the overall upward trend has not been broken. However, there is pressure near 884, so we need to watch closely whether the early morning breaks through the upper track to open up space or pulls back to find support at the middle track.
Suggestions for action
- Go long: Wait for the price to pull back to the 875 - 878 range and stabilize, then enter with a light position. The initial target is 885 - 890, and after a breakout, we can look at around 895.
- Go short: If the price rebounds to the 885 - 890 range and faces resistance, attempt a short position with a light load, aiming initially for 880 - 878, and if it breaks, we can look down to 875.
