The 4-hour chart is currently in a pullback; after dropping to around 870 twice, it quickly rebounded both times, showing strong support at the bottom. The Bollinger Bands are narrowing, and the KDJ indicator has fallen into the oversold area, so a bullish rebound is likely soon. Operational suggestion: consider going long at 870-880 Target: 910-930$BNB
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12.9 BNB Market Analysis
The 4-hour chart is currently in a pullback; after dropping to around 870 twice, it quickly rebounded both times, showing strong support at the bottom. The Bollinger Bands are narrowing, and the KDJ indicator has fallen into the oversold area, so a bullish rebound is likely soon.
Operational suggestion: consider going long at 870-880
Target: 910-930$BNB