11.20
bnb is currently near the 901 position, and there has been a series of consecutive bearish candlesticks recently, followed by a slight rebound, indicating that after the rapid decline, the short-term bullish strength has increased. It is currently below the middle band of the Bollinger Bands, which is a bearish position, suggesting that the price is testing the pressure of the middle band.
KDJ Indicator: The J value has reached 83.54, entering the overbought zone, which usually indicates a risk of short-term pullback.
MACD Indicator: Both DIF and DEA are below the 0 axis, indicating an overall bearish trend. However, the green bars of the MACD are narrowing, which shows that the strength of the short-term bears is weakening.
Overall, it is in the stabilization rebound phase after a downtrend, but the overbought signal of KDJ and the pressure of the middle band of the Bollinger Bands will limit the rebound space. In the short term, it may fluctuate within the range of 895.00–905.00. If it can stabilize at the middle band, the upward space will further open to around 910–925. If it cannot stabilize at the middle band and encounters resistance, it may pull back to around 890–875.
The above is only a personal opinion and for reference only; please refer to the layout of Haoyu Stone Plate #bnb $BNB
