$BNB Market Analysis

This coin was bought long yesterday, but I took profits too early and didn't see the breakout at the resistance level; otherwise, I would have held on longer. I just saw that at 4 AM it broke upwards but then shrank back, and then at 5:30 it officially broke the 640 resistance level and continued to rise. Who stays up at four or five in the morning to watch your breakout resistance level? I guess it's my fault for going to bed early.

After the breakout, I personally think it won't go down in the short term. Currently, the oscillation range is between 640-676. Later, when observing the trend, I still feel that it can chase higher, but this point is not very suitable. Both the 15-minute and 1-hour lines have spikes, but they are still in an upward trend, although it is not very aggressive.

I suggest to wait and see for now; I will notify everyone when I find a suitable position later.