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5.6 BNB Market Analysis Poem Yuan's Viewpoint
After May Day, funds flow back in, and BNB moves in tandem with the overall market strength, currently trading around $628, with an intraday increase of about 1.8%, linked to BTC's recovery, short-term bullish momentum strengthens.
The market rebound drives funds to flow back into mainstream coins, with BNB's premium advantage becoming apparent, and buying interest concentrated. Industry policy expectations are positive, market risk appetite is rising, helping BNB recover and move upward. Resistance levels are 635 and 645, support levels are 620 and 610.
Operational suggestions:
1. Buy on dips at 620-618, stop loss at 610, target 635-645.
2. After stabilizing above 635, buy on dips to follow up, stop loss at 628, target 645, break above to look for 655.
3. If it falls below 615, rebound with a short-term short position, stop loss at 625, target 610-605.
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