From the four-hour level, the current rebound is merely a weak repair. Although the MACD shows a small red bar, the trend has not reversed. It is approaching overbought, and pullback momentum has accumulated. Considering the previous downward trend, this rebound is unlikely to break the resistance level, and there is a high probability of a short-term drop to test the 850-870 support.
BNB can fluctuate around 899-907, with targets at 870, 838, and if it breaks down, continue to look at 800$BNB .
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
From the four-hour level, the current rebound is merely a weak repair. Although the MACD shows a small red bar, the trend has not reversed. It is approaching overbought, and pullback momentum has accumulated. Considering the previous downward trend, this rebound is unlikely to break the resistance level, and there is a high probability of a short-term drop to test the 850-870 support.
BNB can fluctuate around 899-907, with targets at 870, 838, and if it breaks down, continue to look at 800$BNB .