DeFiAlchemist
Looking at BNB's recent trend, the overall momentum remains relatively weak, with prices repeatedly bouncing within that consolidation zone. From the 4-hour chart, each rebound upward encounters resistance at key levels, then turns downward. In other words, the selling pressure above is still quite heavy, and the bulls have not yet formed a stable breakout capability.
The technical indicators also do not look optimistic. The middle band of the Bollinger Bands has been suppressing the price, and the entire Bollinger Band is gradually narrowing and slightly slanting downward, indicating that the
The technical indicators also do not look optimistic. The middle band of the Bollinger Bands has been suppressing the price, and the entire Bollinger Band is gradually narrowing and slightly slanting downward, indicating that the
BNB0.75%