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
BNB0,12%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)