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$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.