#BNB金鏟子
Buying point: Initial buying range: When the price pulls back to the 470.00 - 480.00 USDT area, you can consider buying for the first time. This area is close to the lower track of the Bollinger Bands and close to the previous low, with rebound potential. Breaking through the buying point: If the price breaks through 500.00 USDT and the trading volume increases significantly, you can consider adding to your position. This is an important resistance level in the short term. The market may strengthen further after the breakthrough.
Take profit point:
The first take-profit target: When the price rises to 510.00 - 520.00 USDT, which is the pressure level of the middle track of the Bollinger Bands and EMA (25), partial take-profit can be considered.
Second Take Profit Target: If the price can break through 550.00 USDT and approach 560.00 USDT, further take profit can be taken, which is a higher resistance area.
Stop loss point:
Stop loss point setting: If the price falls below 470.00 USDT and the trading volume increases, the loss should be stopped immediately. This is an important support level in the near term, and a break below could push the market further down to 450.00 USDT or lower.
Technical indicator support: EMA(7) and EMA(25): The short-term moving averages EMA(7) and EMA(25) show a downward trend, indicating that prices are still under downward pressure in the short term. If the price fails to break through the resistance above, the market may continue to decline.
Bollinger Bands: The current price is close to the lower track of the Bollinger Bands, indicating that the market may be oversold and has the potential for a technical rebound in the short term, but downside risks still exist.