BNB’s near-term market is overall weak. The coin price has fallen below the Bollinger Middle Band, and the rebound lacks strength.



Resistance is in the 578–585 range. If price rebounds into that area but can’t push higher, you can cautiously try shorting with a small position.

Support is around 570. If it breaks down, price may continue probing lower toward the 565 area, a near-term low.

For the short term, prioritize selling shorts on rebounds. Don’t rush to position at low levels until support is firmly held. #BNB
BNB1.54%
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
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
RetirementIndex
· 07-13 02:00
On the technicals, it really does look like it should go short, but sometimes the big players on BNB will suddenly pump it—set your stop-loss.
View OriginalReply0
PuddingMarketMaker
· 07-13 01:53
Going long now is catching a falling knife. Wait until it stabilizes at 570 before considering it, or just wait around 565 instead.
View OriginalReply0
YieldRider
· 07-13 00:56
The Bollinger midline can’t be held either, so in the short term it’s definitely bearish; if 570 can’t hold, then 565 will be seen.
View OriginalReply0
L2LunchBoy
· 07-13 00:31
570破了直接看到565,这位置要是再破,下面空间就大了
Reply0
MempoolNomad
· 07-13 00:15
The idea of testing in this pressure zone from 578-585 is fine, but the position has to be light—the rebound momentum is too weak.
View OriginalReply0
  • Pinned