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April 11 Evening BNB Market Analysis
BNB traded within the range of 603 to 610 during the day, with intense battle between bulls and bears. The short-term rebound was weak, and the current price is oscillating around the 605 level. The 15-minute chart shows multiple rebounds from the 603 to 605 support zone. Short-term moving averages are flat, trading volume continues to shrink, and the market is in a pre-decision phase of gathering strength. There is clear resistance around 610 to 611, while 603 to 604 is a key support level. Overall, the evening trend leans towards consolidation and correction.
BNB Trading Suggestions:
Go long near 603 to 605, target 609 to 611, stop loss below 601;
Go short near 609 to 611, target 604 to 602, stop loss above 613.