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Strike Gold by Sharing Your TradFi Orders and Pictures!
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BNB's performance this week is still quite interesting. Based on data from January 21, the price is around $882.03, with a 24-hour decline of 4.99%, and a weekly drop of about 6.9%. Let's review the process—after reaching a high of $959 earlier this week, it started to pull back. After the 19th, as the overall market weakened, it directly broke through the key support level of $930.
From a technical perspective, short-term support is in the $870-$890 range, with resistance at $930-$950. The RSI indicator is currently neutral to slightly bearish, indicating that downward momentum is still present. It is expected that there may still be some oscillation and downward movement in the short term, so close attention should be paid to ecosystem developments and the overall market correlation.
Operationally, it is recommended to adopt a wait-and-see approach, without rushing to chase highs. If you want to participate, setting a stop-loss at $870 would be more prudent.