BNB started a continuous rebound from the low of 872.28, forming a clear upward trend on the 4-hour chart; recently, after rising to 955.65, it slightly pulled back, which is a normal correction within the trend, and the overall upward structure remains intact.
The price is currently stabilizing above the middle band of the Bollinger Bands, which acts as strong support; the upper band of the Bollinger Bands is opening upward, indicating there is still room for short-term upward movement.
BNB Trading Suggestion: Pullback near 932-925, with an outlook to 935-950.
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BNB Market Outlook
BNB started a continuous rebound from the low of 872.28, forming a clear upward trend on the 4-hour chart; recently, after rising to 955.65, it slightly pulled back, which is a normal correction within the trend, and the overall upward structure remains intact.
The price is currently stabilizing above the middle band of the Bollinger Bands, which acts as strong support; the upper band of the Bollinger Bands is opening upward, indicating there is still room for short-term upward movement.
BNB Trading Suggestion: Pullback near 932-925, with an outlook to 935-950.