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BNB Market Analysis and Strategy
BNB's subsequent rebound attempts are weak, and it has failed to break through the previous high resistance level, remaining under pressure from multiple moving averages, with the market continuing to oscillate and weaken.
Currently, the price is at 625.61, having broken below the previous upward trend channel, fully operating below the trend line, which indicates that the bullish momentum has significantly weakened, and the short-term market is completely dominated by the bears.
Trading ideas mainly follow the trend:
When the rebound reaches the 632-634 resistance zone, consider deploying in batches; the short-term target below is first seen at 615, with a further breakdown to the 600 range.