First of all, from the K-line pattern, the recent price trend of BNB shows a fluctuating upward trend. Starting from the low of 587.49, the price has steadily climbed to 600.94. This process is not smooth, but accompanied by multiple long lower shadows and long upper shadows. This shows that during the rise, the market has seen strong buying and selling pressure, showing the activity and volatility of prices.

BNB, candlestick chart

In terms of technical indicators, the MACD histogram continues to remain positive, and the DIF line crosses the DEA line, which shows that the current bullish force is dominant. In addition, the current value of the RSI indicator is 57.47. Although it is close to the overbought area, it has not entered the extreme area, which shows that the price of BNB still has a certain upward momentum. In terms of the moving average system, the short-term EMA (7) is at 599.06, the medium-term EMA (30) is at 596.49, and the long-term EMA (120) is at 592.52. It is worth noting that the current price has broken through all moving averages, showing an obvious bullish trend.

MACD

RSI

Further observation of the changes in trading volume shows that the trading volume has increased in recent hours. Especially at 10:00 on September 27, the trading volume reached 50,748, which shows that the market activity has increased. In terms of daily trading volume, the trading volume on September 26 increased significantly to 846,740, which shows that there is obvious capital inflow.

Mr. A gave specific suggestions on buying and selling points. For buying point 1, he suggested buying at around 595 USDT, which is close to the previous low point, and EMA (30) also provides strong support near this point. For more conservative investors, buying point 2 is recommended to be set at 590 USDT, which is an integer mark close to the support level of EMA (120). In order to control risks, the long stop loss point is set at 585 USDT, which is below the previous band low point, to avoid the risk of false breakthroughs.

In terms of selling points, Lao A recommends that investors make their first selling operation at 610 USDT, which is both an integer mark and near the recent high point, and there is obvious selling pressure. For investors who expect higher returns, the second selling point is set at 620 USDT, which has further upside space and greater pressure from the integer mark. Finally, in order to guard against the risk of a sudden reversal in the market, the short stop loss point is set at 625 USDT, which is above the previous band high.

The above is just Mr. A’s personal opinion, for reference only