After the rebound was blocked, BNB fell back to 892 for support and is now oscillating around 908. The rebound high has shifted lower, and the 4-hour MACD has crossed into a bearish signal, indicating diminishing bullish momentum. The bears are regaining dominance, and short-term downside risk remains.
Operational suggestion: consider entering a short position in the 915-920 range, with a target below at 900.
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Analysis of BNB on the 7th:
After the rebound was blocked, BNB fell back to 892 for support and is now oscillating around 908. The rebound high has shifted lower, and the 4-hour MACD has crossed into a bearish signal, indicating diminishing bullish momentum. The bears are regaining dominance, and short-term downside risk remains.
Operational suggestion: consider entering a short position in the 915-920 range, with a target below at 900.