BNB Night Market Analysis: $609.15 Key Breakthrough is Imminent, Short-term Operation Strategy Exposure!
Currently, the real-time price of Binance Coin (BNB) is $609.15, the market is volatile, and the price is testing key technical points. Night trading is more volatile, and short-term investors need to operate flexibly to seize the opportunities brought by price fluctuations. The following is a short-term operation strategy and market forecast based on the current market.
Technical Analysis and Key Points
BNB's current support level is around $600.00. If the price falls back and confirms that the support is valid, it may usher in a rebound. However, the current main resistance level is $615.00. If it breaks through this point, the price of BNB is expected to rise further to $625.00. If the price fails to break through the resistance, it may pull back to $600.00 or $590.00.
Resistance: $615.00, $625.00 Support: $600.00, $590.00
Short-term contract strategy
Long strategy:
Entry point: If the price pulls back to $600.00 and shows a rebound signal, you can choose to go long here. Stop loss point: The stop loss is recommended to be set at $590.00 to prevent the price from falling further. Target price: The short-term target is $615.00, and it can be seen at $625.00 after breaking through. Leverage recommendation: It is recommended to use 3x leverage to moderately increase the profit potential while controlling the risk.
Short strategy:
Entry point: If the price fails to break through $615.00 and shows signs of falling back, you can short near this point. Stop loss point: The stop loss is recommended to be set at $617.00 to prevent a strong rise after the breakthrough. Target price: The target is $600.00. If it continues to decline, it can be further seen to $590.00. Leverage recommendation: It is recommended to use 2x leverage to maintain steady operation and reduce risks.
BNB's current price is in a key support and resistance range, and short-term traders should pay close attention to the price reaction. When going long, you need to confirm that the support level is valid, and when going short, you need to wait for the price to fail to break through the resistance. The night trading fluctuates greatly, and flexibly adjusting positions and strictly setting stop losses are the key to ensuring profitability. $BNB