$BNB 9.19 BNB Analysis
Current price 985, the highest in 24 hours reached 1008, the lowest dropped to 980, showing a typical oscillation pattern. From the K-line shape, the price peaked at 997 and then fell back under pressure, once dropping to the low of 980, followed by a rebound, forming a short-term structure of 'bottoming out and rising'. In the moving average system, MA5 and MA10 show a state of confluence, while MA30 is slowly declining, indicating that short-term bullish and bearish divergences are intensifying, while the medium-term trend is still suppressed by bearish forces. In terms of trading volume, there was a significant increase during the decline, and the volume during the rebound phase has somewhat converged, suggesting that after the concentrated release of bearish selling pressure, the buying strength of the bulls has increased.
Suggestion to buy around 985, target looking at 1010$BNB
