📉 Quick analysis of the BOB token – Is it worth entering now?
The BOB token (Build On BNB) has dropped significantly in recent days, more than -15%, but now it seems to be starting to recover. In the 4h and 1D charts, you can see the Parabolic SAR changing position — a sign that the downtrend may be losing strength.
The RSI is very low (around 20), which indicates that the asset is quite oversold — that is, there could be a good entry if the volume starts to rise again. In the short term (1h and 5min), the price is trying to hold, even after some corrections. There’s volume coming in again, and the 4h chart shows a slight formation of a bottom.
It’s still not a certainty of reversal, but there are signs of accumulation, and those who like controlled risk can observe the next candles and try to catch this possible beginning of an uptrend.
👉 Keep an eye on the MACD and RSI in the coming periods. If the volume rises along with the indicators, then it could indeed be worth entering.
Overall: BOB is still weak, but with signs of life. It’s not time for an all-in, but it’s worth keeping on the radar.
$BNB
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