Hello everyone, I am Brother Chen, here to discuss the market trends of BNB in the next 24 hours. The current price is around $851, with a slight drop of 0.07% in the last 24 hours; it’s important to clarify the long and short signals.

Key positions and long/short signals

The key support for the day is at $850: if it holds, there might be a rebound to challenge $860, $871, and $884; if it breaks, the market turns bearish, with support levels at $840, $829, and $815.

Technical Indicator Analysis

RSI 64.5, neutral to bullish, not yet overbought, has room for upward movement;

Bollinger Bands break through the upper band, short-term is strong, but it needs volume to sustain;

ADX 36.43, the upward trend is relatively stable;

K/D indicator K=64, D=59.66, bullish but may have slight fluctuations.

However, bears also have risk points: if it can’t break the $884 resistance, it might retrace to the $847-$833 range.

Finally, let me share Brother Chen's trading advice: go long around $849-$846, with a target to first look at $859, and if it breaks through, continue to aim for $860. Of course, stop losses must be managed well, don’t be too aggressive #bnb