$BNB Short-Term Trend Analysis
BNB/USDT performance in the 15-minute timeframe is as follows:
1. Price Trend:
• Current price is around 698, with a recent high of 720.80 and a low of 668.66.
• Price is rebounding from the low but has yet to break through key moving averages (such as MA(25) and MA(99)).
2. Moving Averages:
• MA(7) is around 698, and the price is close to the short-term moving average.
• The resistance from MA(25) and MA(99) is quite evident, and the strength of the short-term rebound may be limited.
3. MACD:
• The DIF line is close to the DEA line, but the MACD bars are near the zero axis, indicating that bulls and bears are relatively balanced.
• Bullish signals have emerged, but a clear upward trend has not yet formed.
4. RSI:
• RSI(6) is 41.66, indicating some signs of short-term overselling.
• RSI(12) and RSI(24) are 48.14 and 49.08 respectively, showing that the market is in a weak oscillation state.
Current Operation Suggestions
• Short-term trading:
Current price is in a consolidation range; if it can break through MA(25) (i.e., above 700), it may further test the resistance level around 704-705.
• If there is a short-term pullback to around 685 and volume increases, consider making a small long position.
• Watch the resistance area at 704-705 above; if not broken, take profit.
• Medium to short-term strategy:
If the price retraces to support around 668, consider gradually accumulating long positions and wait for a rebound.
• Set stop-loss suggestions below 660 to reduce risk.
Spot suggestions include gradually buying on dips. After all, BNB is a true golden shovel; during consolidation periods, major coins are much more stable than altcoins! #BNB走势 $BNB