BNB's four-hour chart is now stuck at the end of a descending wedge, which is a critical decision point. From the volume and price action, the bearish momentum is clearly weakening, but the bulls haven't really gained strength yet. This situation tests patience the most.
Now is not the time to chase highs or sell lows. The smartest approach is to wait—wait for a clear breakout signal to appear. The 920 to 930 range is the line of life and death for bulls and bears; whoever takes it first will control the rhythm.
The MACD indicator provides an interesting detail: the death cross of DIF and DEA has persisted for the 5th candlestick, with the green histogram stuck between 0.8 and 1.2, showing no obvious expansion. The price has tested around 888 twice without making a new low, and the highest point of the MACD green histogram is gradually decreasing—that's a sign of bullish divergence. But this signal isn't confirmed yet; a strong bullish candle closing above 895 is needed to confirm.
If you want to trade, you can take a small position at 925, with a stop-loss below 905 (below the lower trendline of the wedge). The first target is 950, the second target is 975. Once the support is broken, continue adding positions to follow the trend. The key is that false break traps are everywhere during consolidation, and strict stop-losses are the only protective barrier.
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OnchainGossiper
· 10h ago
888 tried twice without breaking the new low... I've seen this divergence at the bottom too many times, and in the end, it still results in a big plunge. I'm done.
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MerkleDreamer
· 10h ago
885 tries again and still doesn't break through. The bottom divergence signal is becoming clearer and clearer, just waiting for the volume-increasing bullish candle at 895 to confirm... 920-930 is really the line of life and death. This kind of turbulent period is a bit frustrating.
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PumpDoctrine
· 10h ago
888 tried twice and didn't break through, this is the real confidence. Waiting for 925 to enter, stop-loss stuck at 905, and it's all over.
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DisillusiionOracle
· 10h ago
Buy in at 925 with a stop loss below 895. I agree with this logic, just worried about a false breakout tricking me into entering again.
BNB's four-hour chart is now stuck at the end of a descending wedge, which is a critical decision point. From the volume and price action, the bearish momentum is clearly weakening, but the bulls haven't really gained strength yet. This situation tests patience the most.
Now is not the time to chase highs or sell lows. The smartest approach is to wait—wait for a clear breakout signal to appear. The 920 to 930 range is the line of life and death for bulls and bears; whoever takes it first will control the rhythm.
The MACD indicator provides an interesting detail: the death cross of DIF and DEA has persisted for the 5th candlestick, with the green histogram stuck between 0.8 and 1.2, showing no obvious expansion. The price has tested around 888 twice without making a new low, and the highest point of the MACD green histogram is gradually decreasing—that's a sign of bullish divergence. But this signal isn't confirmed yet; a strong bullish candle closing above 895 is needed to confirm.
If you want to trade, you can take a small position at 925, with a stop-loss below 905 (below the lower trendline of the wedge). The first target is 950, the second target is 975. Once the support is broken, continue adding positions to follow the trend. The key is that false break traps are everywhere during consolidation, and strict stop-losses are the only protective barrier.