#Crypto2025Trends
Daily Market Analysis - BNB
BNBUSDT
708.86
-2.33%
BNB performed strongly over the weekend, breaking through 703 with volume last night, and is currently experiencing a pullback. If it doesn't break below around 703 on the retracement, it is expected to continue rising. The nearest resistance is at 730. The overall strategy remains to buy on dips. It is important to note that the 730 position has been tested three times. Moreover, the current position is quite aggressive, with a slightly small risk-reward ratio to the target, which poses a higher risk and the pullback has not yet ended. It would be more prudent to re-enter right-side trading after the 730 level is broken and stabilized.