BNB kept sliding lower and still hadn’t stabilized by the close.
Let’s start with the numbers: amplitude 5.2%, trading volume 130 million USDT, current price 632.19, down 3.43% on the day, with a daily range of 622.41 to 654.76. It closed in the lower part of the range, and the rebound was modest.
The current price is 5.0% below the 7-day moving average of 665.21, down 17.1% from the 30-day high of 762.20, and down 9.2% over the past 7 days. It’s too early to call this a reversal. Resistance is overhead at 654.76; the rebound has to clear that level first.
The chart hasn’t reached a point where I’d feel comfortable entering. Below the 7-day moving average, I’m just watching—not taking action.
Which side are you on at this level?
(The above is just my personal record; don’t treat it as investment advice.)
#BNB #交易日记 #ReviewNotes
Let’s start with the numbers: amplitude 5.2%, trading volume 130 million USDT, current price 632.19, down 3.43% on the day, with a daily range of 622.41 to 654.76. It closed in the lower part of the range, and the rebound was modest.
The current price is 5.0% below the 7-day moving average of 665.21, down 17.1% from the 30-day high of 762.20, and down 9.2% over the past 7 days. It’s too early to call this a reversal. Resistance is overhead at 654.76; the rebound has to clear that level first.
The chart hasn’t reached a point where I’d feel comfortable entering. Below the 7-day moving average, I’m just watching—not taking action.
Which side are you on at this level?
(The above is just my personal record; don’t treat it as investment advice.)
#BNB #交易日记 #ReviewNotes