BNB/USDT intraday trading strategy
Current price: 646.34 USDT
Period: 1 day
Buy low strategy (long order)
Entry price: 635 - 640 USDT
Take profit price: 655 - 660 USDT
Stop loss price: 630 USDT
Strategy logic:
From the 4-hour and 1-hour charts, the price is close to EMA (99) in the short term to form support, and the RSI in the 40-45 range indicates that there is a rebound demand near the oversold area. At the same time, the trading volume has weakened during the decline, indicating that the selling pressure has slowed down. It is recommended to try to buy low near the support level.
Sell high strategy (short order)
Entry price: 655 - 660 USDT
Take profit price: 640 - 635 USDT
Stop loss price: 665 USDT
Strategy logic:
The daily and 4-hour charts show that there is strong resistance in the 655 - 660 area, and the short-term short position arrangement of EMA (25) and EMA (7) limits further upside. If the price rebounds to this area but does not break through, consider placing a short order, with the target at the support level.
Please adjust your position according to the real-time market, strictly stop loss and take profit, and respond flexibly to market changes! $BNB