July 29, $BNB Daily Market Analysis
The overall trend is relatively volatile, with the 4-hour chart maintaining a consolidation range of 813–861, and the direction remains unclear.
MACD bullish momentum is weakening, RSI hovers around 50, and the stochastic RSI has shown a death cross, indicating a short-term risk of pullback.
At the same time, price increases accompanied by reduced volume suggest a divergence of 'price rising with volume shrinking', necessitating caution against a high pullback.
Operational Suggestion: Consider trying a short position with light leverage, targeting 820; if it breaks, then look for 813.
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Daily Focus: CFX BANANAS31 ASR CKB C 1000CAT
