After the overnight consolidation and repair, BNB successfully stabilized near the key support level of 850. The bearish momentum on the market shows significant signs of exhaustion, and the comparison of long and short forces has begun to show a directional bias.
Based on the analysis of price and volume structure, the current support area shows sufficient buying strength, and the short-term downside potential has been effectively blocked. Given the technical stabilization signals and momentum transition characteristics, it is recommended to strategically position long orders in the 850-854 range.
The target range is 865-880. Attention should be paid to the breakout situation at the resistance level in this range to determine the subsequent position holding or profit-taking strategy. $BNB
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12.23 BNB
After the overnight consolidation and repair, BNB successfully stabilized near the key support level of 850. The bearish momentum on the market shows significant signs of exhaustion, and the comparison of long and short forces has begun to show a directional bias.
Based on the analysis of price and volume structure, the current support area shows sufficient buying strength, and the short-term downside potential has been effectively blocked. Given the technical stabilization signals and momentum transition characteristics, it is recommended to strategically position long orders in the 850-854 range.
The target range is 865-880. Attention should be paid to the breakout situation at the resistance level in this range to determine the subsequent position holding or profit-taking strategy. $BNB