On the evening of 11.20
The current position of BNB is near 901, and the recent 1-hour K-line shows a pattern of oscillating downward, with small K-line bodies indicating that the strength of the bulls and bears is temporarily balanced. It is currently near the lower band of the Bollinger Bands, indicating that 900 is a key short-term support level.
The MACD indicator's DIF has crossed above the DEA, forming a golden cross, with the red bars starting to expand, indicating that bullish momentum is gradually accumulating. The KDJ has formed a dead cross upward, suggesting that there is short-term pressure for a pullback. Overall, it presents a pattern of oscillation after a decline, with the current short-term mainly focusing on horizontal consolidation.
Based on the above analysis, I personally suggest a rebound to the vicinity of 912--925, targeting around 895--875. $BTC
