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12.22 $BNB market analysis
BNB is currently oscillating near the middle band of the Bollinger Bands, with volume gradually increasing on the four-hour chart. The MACD green bars are shortening and are about to turn into red bars, indicating that the bearish momentum is weakening and the bulls are gathering strength. The Bollinger Bands are also narrowing, and after stabilizing above the middle band support, the formation to test the upper band resistance is already taking shape. The short-term downtrend is basically over, and the bullish reversal signal is very clear. It is recommended to place long positions on dips.
Operational suggestion, 845-850 do
Target range, 860-880
$BNB