Can #BNB创新高 achieve again?
Based on current technical analysis data, the possibility of BNB reaching a new high is lower 📉
Current market conditions:
BNB current price is $841.09, down 1.49% in the last 24 hours, and down 0.62% over the last 7 days 📊
Technical analysis:
• The 1-hour chart shows the price consistently running below the super trend line at $861.38, issuing sell signals for 10 consecutive periods 🔴
• Although the daily chart shows bullish signals from the super trend, the price has fallen below several EMA moving averages
• The RSI indicator is around 40, indicating a weak state
• The upper Bollinger Band at $864 forms significant resistance
Key resistance levels:
• Short-term resistance: $861-$864 range
• Strong resistance: Historical high of $899.70 (set on August 22)
Conclusion:
Technical indicators are generally bearish, and price momentum is insufficient. Unless it breaks above $861 and holds, the probability of reaching a new high in the short term is very low. It is recommended to pay attention to whether the $840 support level can hold ⚠️
