BNB Intraday Short Strategy: Weakness Continues, Trade with the Trend

Yesterday's BNB shorting idea was perfectly realized, with market movements closely matching expectations. From the current daily chart perspective, BNB's relative strength continues to weaken, with clearly insufficient rebound momentum, showing a typical weak oscillating downward pattern, and the bearish trend remains unchanged.

Daily Level: Price remains under key moving averages, repeatedly encountering resistance during rebounds and falling back. Trading volume is insufficient, indicating that the bulls' attempt to rally is weak, and the bears maintain control.

Short-term 15-minute: The middle band of the BOLL indicator at 633.17 acts as a short-term resistance level. The price has failed to break above the middle band multiple times, with support slightly below at 630.64. Overall, the price remains in a weak range-bound oscillation.

Higher highs are gradually decreasing, lower lows are continuously being refreshed, and the rebound strength is steadily diminishing, which is characteristic of a weak oscillating downward trend. Every rebound presents a better opportunity to short.

Shorting Range: Around 638–645, consider placing partial short positions
Aggressive traders can attempt light shorts near 638 during a rebound

Conservative traders wait for the price to rebound to the 642–645 range before consolidating their positions to increase safety margins#美伊局势影响 #非农就业前瞻