The current BNB price is fluctuating in the middle track area of the Bollinger Bands. The volume in the four-hour cycle is gradually increasing, and the MACD indicator has completed the convergence of green bars and shows the embryonic form of red bars. The bearish momentum continues to weaken, while the bullish strength is entering a stage of accumulation. The Bollinger Bands shape is synchronously narrowing, and after the price stabilizes at the middle track support, a technical pattern aiming to test the upper track resistance has been initially constructed. In summary, the short-term downtrend is basically coming to an end, and the signal for a bullish counterattack is clear. It is recommended to focus on accumulating long positions at lower prices.
Trading advice: It is recommended to build a long position in batches in the 845-850 range, with a target at 860-880$BNB .
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Today BNB
The current BNB price is fluctuating in the middle track area of the Bollinger Bands. The volume in the four-hour cycle is gradually increasing, and the MACD indicator has completed the convergence of green bars and shows the embryonic form of red bars. The bearish momentum continues to weaken, while the bullish strength is entering a stage of accumulation. The Bollinger Bands shape is synchronously narrowing, and after the price stabilizes at the middle track support, a technical pattern aiming to test the upper track resistance has been initially constructed. In summary, the short-term downtrend is basically coming to an end, and the signal for a bullish counterattack is clear. It is recommended to focus on accumulating long positions at lower prices.
Trading advice: It is recommended to build a long position in batches in the 845-850 range, with a target at 860-880$BNB .