On November 26th, looking at the $BNB trend in the morning session #美SEC促进加密创新监管体系

Recently, the market performance of BNB has indeed been quite frustrating. From a technical perspective, after a series of breakdowns earlier, the entire rhythm has become very passive—rising a little only to fall back, and each rebound is lower than the last.

From the indicators, there are no decent reversal signs on the daily and hourly charts. The MACD is still in a death cross state, and the trading volume is not cooperating; the bottom structure has not formed at all. On the contrary, the arrangement of the bearish moving averages is becoming increasingly obvious, and the volume increases rapidly during declines. This combination usually indicates that there is still space below.

In the current pattern of weak rebounds and strong declines, the short-term technical correction may end at any time. Do not be misled by small-scale fluctuations; the overall direction is still bearish.

If you plan to operate, you might consider laying out short positions in the rebound range of 870-877, with targets below around 840-830. Remember to control your position size, set a stop loss, and don't go against the trend.

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