According to the latest technical indicator analysis, BNB may continue to maintain a short-term oscillation trend during the early morning hours. Momentum indicators such as MACD show divergence signals, which usually indicate that the market may enter a slight adjustment or consolidation phase. However, it is worth noting that the long-term support level has still not been broken, which provides a certain level of bottom protection for the coin price.
For traders, it is advisable to look for entry opportunities around the 865-862 range, while setting the stop-loss level near 859 to control risk. If the market performs well, you can focus on the performance in the target range of 880-900.
It is important to emphasize that the cryptocurrency market is highly volatile, and investors should proceed with caution and manage risks effectively. At the same time, it is essential to closely monitor significant economic events and policy trends that may impact the market, and to comprehensively assess investment decisions.
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OnchainHolmes
· 08-27 17:09
This consolidation trend looks familiar, what’s the rush?
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DaoGovernanceOfficer
· 08-27 01:18
*sigh* your technical analysis lacks empirical backtesting data
Reply0
HypotheticalLiquidator
· 08-26 16:45
Do not easily increase leverage; it is the maximum risk control threshold.
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TopEscapeArtist
· 08-26 15:45
Another tech guy trapped by the belief of buy the dip.
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PermabullPete
· 08-24 18:50
900 run freely
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MetaverseLandlord
· 08-24 18:50
This market is very good.
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NonFungibleDegen
· 08-24 18:41
ser we're all gonna make it... 865 entry looks juicy af ngl
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SybilAttackVictim
· 08-24 18:34
Follow so many, this follow that, moving in and out sideways.
According to the latest technical indicator analysis, BNB may continue to maintain a short-term oscillation trend during the early morning hours. Momentum indicators such as MACD show divergence signals, which usually indicate that the market may enter a slight adjustment or consolidation phase. However, it is worth noting that the long-term support level has still not been broken, which provides a certain level of bottom protection for the coin price.
For traders, it is advisable to look for entry opportunities around the 865-862 range, while setting the stop-loss level near 859 to control risk. If the market performs well, you can focus on the performance in the target range of 880-900.
It is important to emphasize that the cryptocurrency market is highly volatile, and investors should proceed with caution and manage risks effectively. At the same time, it is essential to closely monitor significant economic events and policy trends that may impact the market, and to comprehensively assess investment decisions.