BNB's hourly chart has been quite rhythmic lately—two consecutive bullish candles, although there was a pullback last night to around 919, but it didn't break below, indicating that the support below is still solid. From the chart pattern, this kind of pullback followed by a rally is likely to continue.
How to operate in the short term? Simply put, buy on dips. Consider setting up long positions in the 924 to 918 range, with targets at 940-950. Once it breaks through, continue to follow the trend. That's the basic logic.
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ZkProofPudding
· 01-20 03:58
There was no breakout at 919, I saw it too. I feel this wave can still push a bit further.
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ChainSpy
· 01-20 03:57
The key support at 918 is really solid, and this wave of momentum can indeed be followed.
Buying on dips is the right strategy, just worried about breaking through.
If 940 really breaks, it would be awesome, and I would keep adding.
I'm starting to believe in the support at 919 because it's so strong.
Betting on a dip to accumulate? Anyway, it's just some idle funds.
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0xLuckbox
· 01-20 03:57
Position 918 is indeed quite solid, I'm just waiting to buy in at a lower level.
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GasFeeCrybaby
· 01-20 03:57
The 919 hurdle really hasn't been overcome; it seems I still need to go further.
BNB's hourly chart has been quite rhythmic lately—two consecutive bullish candles, although there was a pullback last night to around 919, but it didn't break below, indicating that the support below is still solid. From the chart pattern, this kind of pullback followed by a rally is likely to continue.
How to operate in the short term? Simply put, buy on dips. Consider setting up long positions in the 924 to 918 range, with targets at 940-950. Once it breaks through, continue to follow the trend. That's the basic logic.