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1.13 Intraday BNB Market Analysis
BNB yesterday's high was 910, low was 890. The price has been fluctuating within this range, and the overall structure remains in a high-level consolidation phase. Currently, there are no signs of trend continuation, with bullish and bearish forces continuously tugging, and the short-term trend mainly digesting previous volatility.
From a technical perspective, the price has tested the upper and lower boundaries of the range multiple times but has not achieved an effective breakout, indicating that neither bulls nor bears currently have enough momentum to push the market in a single direction. Under this structure, blindly betting on a direction offers a low risk-reward ratio.
Until the range is broken, focus on rhythm, not direction.
Upper boundary resistance short-selling strategy reference
Entry: 908 – 910 area
Stop-loss: Break above 915
Upper target: 895 – 890 range
This is a defensive short position at the upper boundary of the range, quick in and out, avoiding prolonged battles.
Currently, BNB remains in a consolidation and digestion phase,
The range is the rhythm; a breakout is the direction.
Until the structure changes, control position size and adhere to discipline.