Recently, its independent movement from BTC and ETH with weak correlation has become prominent. After a short-term correction, the 4-hour chart completed a healthy support test—price retraced to the middle and lower bands of the Bollinger Bands and stabilized with a rebound. The MACD green bars continued to narrow, and the DIF crossed above DEA to form a golden cross. Coupled with the RSI indicator rising from low levels to the neutral zone, this resonance signal clearly confirms that the medium-term rebound trend remains intact, with strong bullish momentum.
From a technical perspective, the previous rebound high of 919.80 is the key turning point between bulls and bears. This level is not only a historically dense trading area but also a critical continuation point after breaking through the 906-910 resistance zone. If a volume breakout occurs and a pullback does not break below this level, it will confirm that resistance has turned into effective support, opening the way for an acceleration towards the 928-950 range.
Trading strategy continues with a pullback mindset: Relying on support around 885-893, with targets directly aimed at 905-910. After breaking through, follow the trend to view the 919.80-925 resistance zone. If trading volume continues to increase, it can extend to the 928-930 area. $BNB
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BNB
Recently, its independent movement from BTC and ETH with weak correlation has become prominent. After a short-term correction, the 4-hour chart completed a healthy support test—price retraced to the middle and lower bands of the Bollinger Bands and stabilized with a rebound. The MACD green bars continued to narrow, and the DIF crossed above DEA to form a golden cross. Coupled with the RSI indicator rising from low levels to the neutral zone, this resonance signal clearly confirms that the medium-term rebound trend remains intact, with strong bullish momentum.
From a technical perspective, the previous rebound high of 919.80 is the key turning point between bulls and bears. This level is not only a historically dense trading area but also a critical continuation point after breaking through the 906-910 resistance zone. If a volume breakout occurs and a pullback does not break below this level, it will confirm that resistance has turned into effective support, opening the way for an acceleration towards the 928-950 range.
Trading strategy continues with a pullback mindset:
Relying on support around 885-893, with targets directly aimed at 905-910. After breaking through, follow the trend to view the 919.80-925 resistance zone. If trading volume continues to increase, it can extend to the 928-930 area. $BNB