3-9BNB Morning Market Trend Mainly Shorting



Geopolitical tensions remain tight, with no signs of easing in the Iran-U.S. conflict. Market sentiment continues to be disturbed. BNB followed the broader market rally but quickly retreated, showing weak rebound momentum and insufficient volume. Overall, it maintains a weak sideways downward trend. The trading strategy should focus on strong short positions.

From a technical and market perspective:

On the four-hour chart, the price has been declining steadily without a significant rebound. The middle band resistance is heavy, and the bulls are unable to break through;

The Bollinger Bands are not opening upward; instead, they are tightening and flattening, indicating increasing bearish momentum;

On the one-hour chart, the upper Bollinger Band acts as a strong resistance, and the price is gradually narrowing downward, clearly signaling a pullback.

Overall, the morning trend has a high probability of a significant pullback. Do not blindly chase long positions. Every rebound is a better opportunity to short.

Trading suggestion:
Rebound in the 620–622 range, gradually short in batches, with a target of 600–605.
BNB1.16%
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