BNB Strategy for 8/11:
The technical signals for BNB indicate a bullish alignment of moving averages and a engulfing pattern forming a bullish resonance, suggesting an upward trend. However, extremely low trading volume has led to a divergence between price and volume, indicating insufficient upward momentum. Furthermore, the price is close to the upper Bollinger Band and the RSI is in the overbought region, which increases the possibility of a short-term correction. #CryptoCircle#
BNB Trading Suggestions: 820±1🈳, target to be determined by yourself, for reference only, specific to be based on market conditions! #bnb