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BNB Evening Strategy
Currently trading below the middle band of the Bollinger Bands, with the middle band turning downward and opening wider in a bearish direction. The rebound is weak, failing to recover the middle band, indicating a clear downtrend. The short-term moving averages are in a death cross downward, showing a bearish alignment. Rebounds to the moving averages face resistance, and bulls lack momentum for a counterattack.
Suggestion: Short between 592–510, with a target downward to 587–869. Adjust your stop-loss based on your position size #Gate广场四月发帖挑战