The price has broken above the middle Bollinger Band (882.83), currently at 898.48. The MACD has a bullish crossover (DIF 8.86), and the volume is above the moving average, but the RSI(6) is seriously overbought at 82.28, making chasing higher riskier. If the price can hold above the middle band and break above the upper band (902.68), it can continue to be bullish; if it falls below the middle band, it indicates weakness. Suggest a light position to try long positions, with strict stop-loss below the middle band!
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$BNB Cautiously go long!
The price has broken above the middle Bollinger Band (882.83), currently at 898.48. The MACD has a bullish crossover (DIF 8.86), and the volume is above the moving average, but the RSI(6) is seriously overbought at 82.28, making chasing higher riskier. If the price can hold above the middle band and break above the upper band (902.68), it can continue to be bullish; if it falls below the middle band, it indicates weakness. Suggest a light position to try long positions, with strict stop-loss below the middle band!