BNB 784 First Target Achieved! The Slow Grind Down on Low Volume—We Got This Meat
Brothers, what did that last post say again? $BNB 788 can’t hold—stay bearish in the short term, and first look at 784 below. Today around 09:15, the price already dipped to 784.56, so the first target has been realized. The timing was on point—this portion was comfortably taken.
Looking back, the logic is actually simple: each rebound high is lower than the last. You can’t even reach 791, and the volume is still shrinking. Over the past four hours, price dropped from 786.4 to 784.8. In the most recent hour, the volume on the two segments is more than 12% lower than the previous segment. And every time 784.5 is tested, it can’t hold—this shows nobody really wants to take delivery at this level. The bears still have the initiative.
Next, I’ll remain biased to the downside. First, I’m watching 782.1, the four-hour low support. If it breaks down, sentiment will get worse, and only then will the downside space open up. On the other hand, if it manages to reclaim 786.9, then I’ll admit I’m wrong—short-term bearishness will be撤（I’ll withdraw). This stop-loss line is consistent with the logic from last time; the conditions haven’t changed.
One more emphasis: this is only about the directional alignment up to this current round. Achieving the short-term call doesn’t mean it’ll always stay correct. The market can change at any time—manage your position size yourself.
The original post is here—if you’re interested, go back and check it: https://www.binance.com/zh-CN/square/post/373477950338702
(The above is only personal observation of the chart and does not constitute any investment advice.)
Brothers, what did that last post say again? $BNB 788 can’t hold—stay bearish in the short term, and first look at 784 below. Today around 09:15, the price already dipped to 784.56, so the first target has been realized. The timing was on point—this portion was comfortably taken.
Looking back, the logic is actually simple: each rebound high is lower than the last. You can’t even reach 791, and the volume is still shrinking. Over the past four hours, price dropped from 786.4 to 784.8. In the most recent hour, the volume on the two segments is more than 12% lower than the previous segment. And every time 784.5 is tested, it can’t hold—this shows nobody really wants to take delivery at this level. The bears still have the initiative.
Next, I’ll remain biased to the downside. First, I’m watching 782.1, the four-hour low support. If it breaks down, sentiment will get worse, and only then will the downside space open up. On the other hand, if it manages to reclaim 786.9, then I’ll admit I’m wrong—short-term bearishness will be撤（I’ll withdraw). This stop-loss line is consistent with the logic from last time; the conditions haven’t changed.
One more emphasis: this is only about the directional alignment up to this current round. Achieving the short-term call doesn’t mean it’ll always stay correct. The market can change at any time—manage your position size yourself.
The original post is here—if you’re interested, go back and check it: https://www.binance.com/zh-CN/square/post/373477950338702
(The above is only personal observation of the chart and does not constitute any investment advice.)