BNB has been continuously declining from the high of 783.78, and has now broken below the 700 mark, with bearish momentum dominating. In the short term, it has dipped to the support level of 685.82. If it cannot stabilize effectively afterward, further decline is expected. It is recommended to follow the rebound highs to establish short positions.
BNB Trading Suggestion: Range of 700-715 for shorting, with targets around 665-680.
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2.5 BNB Analysis:
BNB has been continuously declining from the high of 783.78, and has now broken below the 700 mark, with bearish momentum dominating. In the short term, it has dipped to the support level of 685.82. If it cannot stabilize effectively afterward, further decline is expected. It is recommended to follow the rebound highs to establish short positions.
BNB Trading Suggestion: Range of 700-715 for shorting, with targets around 665-680.