Good afternoon, brothers, $BNB . Yesterday morning, Lao Gu mentioned the big pie MACD divergence pattern in the post, indicating that the market is about to decline. This morning, the big pie dropped to the position of 11.58, which is also the support level of 11.56 we mentioned last week.
From a technical perspective, the big pie is still in a daily pullback trend, with a bearish market bias. On the hourly chart, the coin price is at the position of 11.76, currently experiencing a small-scale rebound. Pay attention to the resistance level of 11.84 above and the support level of 11.56 below. The price will only further drop after breaking below 11.56, with the next target at 11.12.
Operational advice: When the coin price rebounds to around 11.82, enter a short position and defend at 11.88, aiming for 11.65.