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BNB Recommendation - March 23 Morning
Over the weekend, the overall movement was oscillating downward, and shorting with the trend was able to capture profits on almost every wave.
Currently, support has temporarily formed near 622, but the strength is limited. The 4-hour level just completed a waterfall-style decline, and after the price broke below the lower rail, it has been consolidating along the lower rail area, showing clear weakness in the short term. From the hourly chart perspective, the entire day shows a pattern of rallies followed by pullbacks, and the bearish-dominated structure is very clear.
Trading Recommendation
Short on rallies to 632-636 area, with targets to 620-610 on the downside.
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