BNB/USDT Short-term Trading Strategy

Current Price: 643.88 USDT

Period: 24 hours

Trading Strategy

Low Buy Strategy (Long Position)

Entry Price: 635.00 - 640.00 USDT

Take Profit Price: 650.00 - 655.00 USDT

Stop Loss Price: 630.00 USDT

Position: 15% of funds

Trading Type: Spot or Contract

Leverage: 3x

High Sell Strategy (Short Position)

Entry Price: 650.00 - 655.00 USDT

Take Profit Price: 640.00 - 635.00 USDT

Stop Loss Price: 660.00 USDT

Position: 15% of funds

Trading Type: Contract

Leverage: 3x

Technical Indicator Analysis

1. EMA Analysis

EMA(7): 647.28 USDT

EMA(25): 650.62 USDT

EMA(99): 638.60 USDT

The current price is below the short-term moving average but slightly above the long-term moving average, indicating a dominant short-term bearish trend, but support strength is emerging.

2. RSI

RSI(6): 41.24, in the weak range but not in the oversold area, indicating limited downside potential for the price.

3. Volume

Volume has recently increased, indicating active trading within the current range, with potential for a short-term rebound or continuation of the downtrend.

4. MACD

DIF: -0.60, DEA: -1.95, MACD Histogram Value: -2.55, indicating strong bearish momentum, but downside momentum may gradually weaken.

Strategy Logic

Low Buy Strategy: The current price is close to the long-term support range (near EMA(99)), consider positioning long between 635.00 - 640.00 USDT, targeting a short-term rebound to near EMA(25).

High Sell Strategy: If the price rebounds to near EMA(25) and faces resistance, consider opening a short position in the 650.00 - 655.00 USDT range, targeting a pullback to the support level.

Risk Warning: It is recommended to set stop-losses strictly and adjust positions promptly based on market fluctuations.