The price retraced to the middle or lower band of the 4-hour Bollinger Bands for support. Meanwhile, the MACD green histogram is shrinking, and the DIF line shows signs of crossing above the DEA line, indicating that the medium-term rebound trend remains intact. If the price can hold above the previous high of 919.80 and does not fall below this level during the pullback after breaking out, it can be seen as a trend acceleration signal, suitable for gradual position building.
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Analysis of BNB on the 8th:
The price retraced to the middle or lower band of the 4-hour Bollinger Bands for support. Meanwhile, the MACD green histogram is shrinking, and the DIF line shows signs of crossing above the DEA line, indicating that the medium-term rebound trend remains intact.
If the price can hold above the previous high of 919.80 and does not fall below this level during the pullback after breaking out, it can be seen as a trend acceleration signal, suitable for gradual position building.
BNB trading suggestion: Pullback around 902-895, aiming for 910-920
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