I've been keeping an eye on BNB's price action lately and noticed a pretty key level—895.
To put it simply, this point is a dividing line. If the 4-hour candlestick can hold above this level, it basically confirms that this round of correction is over, and we're likely to see a second wave of upward movement. Looking higher, you should be prepared in advance for the 930 and 950 zones.
That said, we're not at 895 yet. Before a true breakout, I'm more concerned about whether the 870 support at the bottom can hold. If it doesn't, there's actually a decent chance of a quick dip down to around 830 in the short term.
So the current strategy is: wait for a confirmed breakout while keeping a close eye on the support level. Be prepared for both scenarios—don’t get trapped in one-sided thinking.
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I've been keeping an eye on BNB's price action lately and noticed a pretty key level—895.
To put it simply, this point is a dividing line. If the 4-hour candlestick can hold above this level, it basically confirms that this round of correction is over, and we're likely to see a second wave of upward movement. Looking higher, you should be prepared in advance for the 930 and 950 zones.
That said, we're not at 895 yet. Before a true breakout, I'm more concerned about whether the 870 support at the bottom can hold. If it doesn't, there's actually a decent chance of a quick dip down to around 830 in the short term.
So the current strategy is: wait for a confirmed breakout while keeping a close eye on the support level. Be prepared for both scenarios—don’t get trapped in one-sided thinking.