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Yesterday, BNB was shorted at 644-634, with a 10-point profit target.
Today’s strategy: From the 4-hour timeframe, the price broke below the middle Bollinger Band and retreated toward the lower band. The Bollinger Bands are diverging downward, indicating a clear bearish trend; the short-term moving averages have formed a death cross and are moving downward, with the price under all short-term moving averages.
Recommended short entry in the 651—659 range, targeting 640-631. Adjust your stop-loss according to your position size #Gate蓝龙虾重磅上线