From the four-hour chart, BNB price has dropped rapidly, with a decline of over 5%. It briefly fell to around 867 during the session, temporarily breaking below the lower Bollinger Band before slightly rebounding, closing at 881. Technically, divergence signs have already appeared, and the current low coincides with the important support of the previous consolidation zone. The support strength at this level has weakened, the rebound momentum is limited, and the short-term downward trend has become increasingly clear. Trading suggestion Short at 886-890 on rebound, with targets down to 870-865.
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BNB Suggestion for the Morning of the 21st
From the four-hour chart, BNB price has dropped rapidly, with a decline of over 5%. It briefly fell to around 867 during the session, temporarily breaking below the lower Bollinger Band before slightly rebounding, closing at 881. Technically, divergence signs have already appeared, and the current low coincides with the important support of the previous consolidation zone. The support strength at this level has weakened, the rebound momentum is limited, and the short-term downward trend has become increasingly clear.
Trading suggestion
Short at 886-890 on rebound, with targets down to 870-865.