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January 13 BNB Post-Event Thoughts
Currently, BNB price is approaching the middle band of the Bollinger Bands, with the lower band forming short-term strong support. The previous price retraced to the lower band and quickly rebounded, indicating strong buying pressure in this range.
At present, the MACD's DIF is close to DEA, with the green bars continuously narrowing, signaling that the bearish momentum is weakening and the bulls are about to launch a counterattack. You can wait for DIF to cross above DEA to form a golden cross before adding long positions.
BNB Trading Suggestions: Pullback around 900-894, aiming for a rise to 910-920.