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#BNB
🟩 On July 5th, BNB rebounded from the 20-day moving average ($652), which is quite unusual—indicating that market sentiment is still good, and the "buy the dip" crowd has already taken action.
🔼 Bullish path: trend is upward, target is clear!
The 20-day moving average is rising + RSI slightly above the midpoint 👉 Bulls have a slight advantage
If it breaks through the resistance level of $665, it will open up room for upward movement:
First stop: $675
Second stop: 698 USD
If it can break through the "bearish stronghold" of $698, the next stop is $732!
If you can catch this wave of investment, you'll be able to "take the elevator straight to the top floor."
🔽 Short position route: Hold the resistance and wait for the opportunity to dump?
Don't celebrate too early! The bears are not to be underestimated; if the price falls below the 20-day moving average (652 dollars):
First, it may drop to $636, and if this level cannot be maintained, then caution is needed as it may return to a correction cycle.