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BNB Market Outlook
Yesterday, BNB experienced a strong and violent rally, surging to around 664 before facing resistance and pulling back. Currently, the market has been oscillating sideways in the 646 range for a long time. This is enough to confirm that the resistance above is strong, and the bullish momentum has already exhausted.
The current market pattern is clear; overall, it is preferable to follow the trend and go for high short positions, just waiting for the market to gain momentum.
Trading Suggestions
For BNB, consider short positions within the 655-664 range, with the downside target at 620-610. Stop-loss and risk management can be flexibly adjusted based on your own position size.