BNB market analysis and operation suggestions

Current market conditions

1-hour level market: sideways

Market sentiment is in a wait-and-see state

2-hour level market: rebound

Market sentiment shows a certain upward momentum

4-hour level market: 🈳Top trend market sentiment: overall bearish

Key point 584.44: The key point for both long and short parties to compete

Suggestions

Long order entry conditions: Price stabilizes above 584.44

Entry timing: After the price breaks through and stabilizes at 584.44

Target

tp1: 589.00

tp2: 592.82

tp3: 596.85

Stop loss is set below 584.44 to ensure that the stop loss can be stopped in time when the price falls below the key support level

🈳Order suggestion:

Entry condition: price falls below 2-hour long and short price

Entry time: when price falls below 584.44 and fails to rebound quickly

Target position:

tp1: 579.45

tp2: 576.17

tp3: 572.55

Stop loss is set above 584.44 to ensure that the stop loss can be stopped in time when the price rises above the key resistance level! $BNB

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