BNB's intraday rebound is limited around 670. Hourly level consolidation and fluctuation. Support and resistance are relatively clear. The larger institutional positions are clear, and in the short term, we only need to pay attention to the price performance near the trend line.
Several positions that need attention
Support position
First position 640-644
Second position 630
Third position 617
Resistance position
First position 670-678
Second position 697-699
Third position 724-728
Trading emphasizes going with the trend, following the big and countering the small. When a trend comes, ride the wave, and be flexible in turning when the trend becomes counter-trend. Resisting the trend is like a mantis trying to stop a car, disrupting your mindset and trading rhythm.
At night, with the fluctuations of the US stock market, if there are significant fluctuations, friends, remember to take profits frequently and cut losses decisively. Holding positions without purpose is meaningless.
If you have any interpretations of other coins' market trends or questions about trading, you can leave a comment.
Personal opinion, please read rationally. Not investment advice.
If you think my analysis is helpful to you, please don’t hesitate to like, follow, and comment.
Wishing you smooth trading. Thank you!