In the 1-hour chart of BNB, after the price dropped to around 830, the decline has clearly stopped and it is starting to stabilize. From a technical perspective, the MACD indicator is about to form a golden cross, and the KDJ has already fallen into the oversold zone. The overall trend remains bullish, and the bulls are likely to push for a rally next.
For trading, it is recommended to operate within 820-830. Target range: 850-860. $BNB
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12.18 $BNB Market Analysis
In the 1-hour chart of BNB, after the price dropped to around 830, the decline has clearly stopped and it is starting to stabilize.
From a technical perspective, the MACD indicator is about to form a golden cross, and the KDJ has already fallen into the oversold zone. The overall trend remains bullish, and the bulls are likely to push for a rally next.
For trading, it is recommended to operate within 820-830.
Target range: 850-860.
$BNB