BNB Strategy for 8/11:
The technical signals for BNB show that the moving averages are in a bullish arrangement and a engulfing pattern has formed, indicating a bullish resonance and suggesting an upward trend. However, the extremely low trading volume has led to a divergence between price and volume, indicating insufficient upward momentum. Additionally, the price is close to the upper Bollinger Band and the RSI is in the overbought area, further increasing the likelihood of a short-term pullback.
BNB Trading Suggestion: 820±1🈳, target is at your discretion, for reference only, please refer to the specific market conditions!
