【2024.5.13. BNB intraday market analysis】

🔥🔥🔥🔥🔥BNB market analysis

📉Short-term bearish trend, long-term correction: BNB currently shows a bearish trend within 1-2 hours, but it is expected to enter a correction market after 4 hours.

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🔔Key long and short positions: Today, we need to pay close attention to the price of 591.76. This is the 4-hour long and short critical point. If BNB can stand at this price, the market will continue to be on the long side and may fluctuate upward.

📈Upward pressure level: If BNB successfully stands at the key price and continues to rise, the upper pressure level needs to pay attention to the positions of 594.24, 590.71, and 600.45.

⚠️Short opportunity: If BNB does not fall below the key price of 591.76 during today's correction, a short opportunity is expected to form at the 4-hour level. At this time, the lower support level is near 589.67, 587.31, and 585.51.

🚨🚨🚨 Please be vigilant, pay close attention to market dynamics, and flexibly adjust trading strategies according to market changes.

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