#数字资产市场动态 BNB Short-term Trend and Trading Opportunities
Looking at BNB's performance over the past couple of days, honestly, it's still a bit weak. On the 4-hour chart, the price repeatedly pushes up to the key resistance level but gets pushed back down, with selling pressure still clearly present above. The bulls haven't launched a significant breakout yet.
What does the technical analysis say? The price has been staying close to the lower band of the Bollinger Bands, with the middle band acting like a wall, pressing down hard. The entire Bollinger Band is showing signs of narrowing and slightly leaning downward, indicating that the short-term direction is indeed unclear, but the bearish momentum is stronger.
The MACD remains below the zero line, with the green bars a bit shorter, but no effective golden cross has appeared yet. In simple terms, the rebound strength is limited and not enough to signal a trend reversal. As for the RSI indicator, the bulls have tried several times but haven't been able to hold above the 50 level, suggesting that investor buying interest is not very strong.
Overall, the current situation with BNB is more suitable for short positions. chasing longs would carry higher risks. My personal trading plan is to short in the 845-855 range, with the first target around the 835-830 zone.
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0xSunnyDay
· 18h ago
845 is a bit empty now, and I kind of regret not adding more positions. I feel like this wave can still go down further.
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MetaverseHermit
· 18h ago
I also set up short positions at 845-855, but I feel like the selling pressure is constantly testing. I'm not sure if it can break through this time.
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ProbablyNothing
· 18h ago
Bollinger Bands are narrowing + RSI can't hold above 50, indicating that the market is indeed bearish. Cannot break 845, see 830.
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GhostChainLoyalist
· 18h ago
845-855 is open. To be honest, this wave is indeed more favorable for the bears. The bulls have failed to hold the 50 level several times, and the risk is high.
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BlockchainArchaeologist
· 18h ago
With such intense pressure at 845 and no decent breakout yet, how can anyone still dare to chase the long? Isn't this just getting cut?
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StakeWhisperer
· 18h ago
845-855 short? Bro, you better watch out for this move. Last time, doing this almost got me hit by overnight news.
#数字资产市场动态 BNB Short-term Trend and Trading Opportunities
Looking at BNB's performance over the past couple of days, honestly, it's still a bit weak. On the 4-hour chart, the price repeatedly pushes up to the key resistance level but gets pushed back down, with selling pressure still clearly present above. The bulls haven't launched a significant breakout yet.
What does the technical analysis say? The price has been staying close to the lower band of the Bollinger Bands, with the middle band acting like a wall, pressing down hard. The entire Bollinger Band is showing signs of narrowing and slightly leaning downward, indicating that the short-term direction is indeed unclear, but the bearish momentum is stronger.
The MACD remains below the zero line, with the green bars a bit shorter, but no effective golden cross has appeared yet. In simple terms, the rebound strength is limited and not enough to signal a trend reversal. As for the RSI indicator, the bulls have tried several times but haven't been able to hold above the 50 level, suggesting that investor buying interest is not very strong.
Overall, the current situation with BNB is more suitable for short positions. chasing longs would carry higher risks. My personal trading plan is to short in the 845-855 range, with the first target around the 835-830 zone.
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