The 4-hour decline reached 5.08%, with the price dropping to a low of $867.57. After briefly breaking below the lower Bollinger Band, a slight rebound occurred, and it is currently trading at $881.81, forming a technical divergence signal. This low point is a key support level from the previous consolidation platform.
BNB Trading Suggestion: Pull back near 878-872, then look up towards 889-900.
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BNB Market Outlook
The 4-hour decline reached 5.08%, with the price dropping to a low of $867.57. After briefly breaking below the lower Bollinger Band, a slight rebound occurred, and it is currently trading at $881.81, forming a technical divergence signal. This low point is a key support level from the previous consolidation platform.
BNB Trading Suggestion: Pull back near 878-872, then look up towards 889-900.