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[BNB Short-term Trading Guide]
Currently at 886.5, close to the middle Bollinger Band. After a sharp drop, there is a weak rebound, but bears still dominate! KDJ is near overbought, rebound momentum is running out, and although MACD is in a golden cross, it lacks support below the zero axis.
Support: 876.86 (lower band), 870.52 (previous low); Resistance: 886.22 (middle band), 895.58 (upper band).
If it fails to hold above the middle band, it will fall back; a breakout can test the upper band!
Suggestion: Go long lightly at 875-860, target 895-905!
For reference only, follow Muyu’s real-time trades for actual strategies.