BNB is about to break through? Analysis of short-term operation strategies, seize key fluctuations!
The current real-time price of BNB is $652.82, with a daily high of $663.80 and a low of $651.70. BNB is in a key range of fluctuations, market sentiment is divided, and prices fluctuate greatly. Recently, BNB has formed strong support near $652, but has not yet broken through the short-term resistance of $663. The breakthrough of the price trend will determine the next direction, and investors need to pay close attention to the changes in key price levels.
Technical analysis:
Support and resistance:
Support level: $651.70, which is the lowest point of the day and the current strong support area. If the price falls below this support, BNB may fall more significantly. Resistance level: $663.80, the current highest price is also a short-term strong resistance area. If the price breaks through and stabilizes above this area, an accelerated rise may occur.
Bollinger Band Analysis:
BNB's price is fluctuating near the upper Bollinger Band (about $663). If it breaks through the upper band and stays above this area, the price may continue to rise, and the target can be set at $670. If the price fails to break through the upper band and there is a pullback, it may test the lower Bollinger Band (about $650).
RSI indicator:
The current RSI is close to 65, which is in a strong area, but has not yet entered an overbought state. If it breaks through 70, there may be a stronger buying thrust, pushing the price to a higher level. If the RSI starts to fall back, it may indicate that the price will face downward pressure, especially if it fails to break through the strong resistance level.
Short-term contract T+0 strategy:
Long strategy:
Entry position: If BNB breaks through $663 and stabilizes at this position, you can consider going long, with a target price of $670. Take profit position: The target price is $670. If it breaks through this range, you can follow up moderately and adjust the target to $675. Stop loss position: If the price falls below the support level of $651.70, stop loss is recommended.
Short strategy:
Entry position: If BNB fails to break through $663 and falls back below $660, short selling can be considered, with target prices of $655 and $650. Take profit position: The target price is set at $650. If it falls further, the take profit can be adjusted to $645. Stop loss position: If BNB breaks through and maintains above $663, it is recommended to stop loss and exit the short position.$BNB