#BNB

The recent trend of BNB is a classic range consolidation.
Moving averages are flat, RSI is slightly above the midline, indicating that the market has no clear direction, and funds are on the sidelines. The price is likely to fluctuate back and forth between $570 and $688.
In this kind of market, the key is not in the middle, but at both ends.
Look at $688 above.
If the price closes above this level, it indicates that selling pressure above has been absorbed, and the bulls are starting to gain strength.
In this case, the market will shift from consolidation to an upward trend, targeting $790.
Look at $570 below.
If the price breaks below this level, it indicates that this consolidation is weak and bearish control is still in place.
The next likely move is further downward, with a target around $500.
Avoid repeatedly trading within the range;
wait for a breakout above $688 or a breakdown below $570, then follow the trend.