BNB started at 1076 📈 and after reaching a high point of 1181, the upward momentum has temporarily slowed down, entering a correction phase. The current price is stable above the middle band of the Bollinger Bands at 1129, showing an overall trend of "upward followed by a corrective adjustment." Based on this trend, the strategy suggests focusing on shorting on rallies: a position can be established around 1150, with the first target looking towards 1125; if the support level at 1125 is broken, then further down to 1100. #十月降息预测
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BNB Analysis on October 28th Afternoon
BNB started at 1076 📈 and after reaching a high point of 1181, the upward momentum has temporarily slowed down, entering a correction phase. The current price is stable above the middle band of the Bollinger Bands at 1129, showing an overall trend of "upward followed by a corrective adjustment."
Based on this trend, the strategy suggests focusing on shorting on rallies: a position can be established around 1150, with the first target looking towards 1125; if the support level at 1125 is broken, then further down to 1100. #十月降息预测