$BNB Is this brewing a big move! 🤔


Can't go up, can't go down – is the market maker knitting a sweater?

Strategy 1️⃣: Range-bound oscillation
● Logic: Without a volume breakout, it will likely continue grinding in this box.
● Short entry: bounce to 576 - 578 range (near previous high resistance). 📊
● Stop loss: hold above 581.
● Take profit: first target 568, second target 562.
● Long entry: retrace to 563 - 565 short-term support
● Stop loss: break below 559.
● Take profit: first target 572, second target 576.

Strategy 2️⃣: Breakout Follow
● Logic: Since the 4-hour level has converged to an extreme, once it breaks out, it will be a big move. 💰
● Breakout long: If a 4-hour candle body closes above 580 with volume increase, go long directly, targeting 600.
● Short breakdown: If it effectively breaks below 560, follow the short, targeting 540 - 537.
BNB0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-e84f640c
· 22h ago
The strategy is written quite detailed, but when it really reaches 576, do I dare to short? shaky hands.jpg
View OriginalReply0
  • Pinned