BNB's short-term rebound momentum is severely insufficient, with multiple tests of previous highs facing selling pressure and pullbacks. Short-term moving averages have turned downward, forming resistance, while bullish strength continues to weaken. Combined with cautious market sentiment, subsequent price action will likely continue with weak oscillations. The probability of testing lower support levels is relatively high, and short-term bearish expectations are strong.
Trading Suggestions: Sell in batches around 640-645, with target at 625
BNB Analysis
BNB's short-term rebound momentum is severely insufficient, with multiple tests of previous highs facing selling pressure and pullbacks. Short-term moving averages have turned downward, forming resistance, while bullish strength continues to weaken. Combined with cautious market sentiment, subsequent price action will likely continue with weak oscillations. The probability of testing lower support levels is relatively high, and short-term bearish expectations are strong.
Trading Suggestions: Sell in batches around 640-645, with target at 625