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Trader X - Old Zheng's BNB Strategy Share on Wednesday
After a quick drop to a low of 837 yesterday, BNB rapidly rebounded, reaching a high of 870 during the day. After a pullback, it quickly regained lost ground, demonstrating strong bullish support, and overall displayed a pattern of oscillating upward.
From a technical perspective, the short-term downward momentum is gradually weakening, while the rebound momentum continues to accumulate. There is ample room for upward movement, and the long-term upward trend structure is intact. A strong performance is expected to continue, with a clear trend of oscillating higher, and the bullish logic is solid.
Trading recommendation: Buy around 845-855, target 875-890.
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