11-5 BNB Afternoon Showdown is imminent!
The 950 level has become a critical line, with numerous stop-loss orders above and below, and the battle between bulls and bears is intensifying. The RSI shows a bullish divergence, but the MACD lacks momentum, resulting in severe technical signal divergence.
If we hold above 940, there is hope to stop the decline; a break below will lead to a chain reaction down to 915 and 890; a breakthrough above 960 will open up upward space, targeting 1000 and 1025. With increased volatility, it is essential to strictly set stop-losses and proceed with caution!