The price directly broke below the lower band of the Bollinger Bands, with the lower band turning downward simultaneously, indicating strong bearish momentum and a clear downtrend. - MACD Bearish Confirmation: The DIF line remains below the DEA line, and the MACD histogram is negative, indicating that the downward momentum is still being released. BNB Trading Suggestion: Short near the rebound at 845-853, with a target of 835-820.
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BNB Market Outlook
The price directly broke below the lower band of the Bollinger Bands, with the lower band turning downward simultaneously, indicating strong bearish momentum and a clear downtrend.
- MACD Bearish Confirmation: The DIF line remains below the DEA line, and the MACD histogram is negative, indicating that the downward momentum is still being released.
BNB Trading Suggestion: Short near the rebound at 845-853, with a target of 835-820.