On the four-hour level, the current market rebound is essentially a weak repair market. Although the MACD indicator has shown a slight red bar releasing short-term stabilization signals, it has not reversed the previous downward trend structure, and the price is approaching the overbought zone, with retracement momentum continuing to accumulate. Considering the suppression logic of the previous downward trend, the probability of this rebound breaking through the key resistance level is low, and the market is likely to fall back to test the support in the 850-870 range.
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BNB
On the four-hour level, the current market rebound is essentially a weak repair market. Although the MACD indicator has shown a slight red bar releasing short-term stabilization signals, it has not reversed the previous downward trend structure, and the price is approaching the overbought zone, with retracement momentum continuing to accumulate. Considering the suppression logic of the previous downward trend, the probability of this rebound breaking through the key resistance level is low, and the market is likely to fall back to test the support in the 850-870 range.
Near 899, 907 for Fan Tan, looking down near 870, if broken, look down to 838.
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