January 8th BNB Market Outlook



On the 4-hour chart, the price retraced to the middle or lower Bollinger Band to find support, and the MACD indicator's green bars are narrowing, with the DIF showing signs of crossing above the DEA, confirming that the medium-term rebound trend remains intact.

The price has stabilized above the previous rebound high of 919.80. After breaking through, a pullback that does not fall below this level is considered a trend acceleration signal, suitable for phased position building.

BNB Trading Suggestion: Pullback around 902-895, with an upward target of 910-920.
BNB1,87%
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