BNB has been falling for many days. Has it stopped falling?
It can be seen that the area around 590 is a chip-intensive area. After falling to this point, it rebounded and broke through the downward trend line. At present, a consolidation box in the range of 612-590 has been formed
According to Dow Theory, after breaking through the trend line, the callback does not break the low point of 590, and a new high is created, which is an effective upward trend
At present, during this period, you can enter the market in batches, and the stop loss can be placed at the previous low of 590. As long as a new high is created and 612 is broken, you can pay attention to the multiple resistances above
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