4.9


BNB completed a downward move within the 1-hour cycle, successfully stabilizing and stopping the decline. The lower band of the Bollinger Bands at around 597 formed a strong and effective support, and the price gradually rebounded to the upper boundary of the consolidation zone, initiating a technical correction rally.

From a technical indicator perspective, the KD indicator is in the oversold zone and has formed a golden cross signal. Short-term bearish momentum continues to converge and diminish, and the stabilization and rebound structure is fully established. Short-term bulls have upward momentum, and the rebound trend is gradually becoming clearer.

During the pullback to 595-598, consider gradually adding low positions, relying on the strong support below to follow the trend. Target 620-630.
If the market strongly breaks through this resistance level, it can be held further, aiming for the previous high near 650, while also managing position risk and holding key support levels.
BTC-0.9%
ETH-3.11%
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