The current price of BNB shows a clear downward trend in the 1-hour cycle. From a technical perspective, the price is under pressure below the short-term moving averages, and the MACD continues to trend downward, with bearish momentum dominating. Combined with the decline in on-chain trading activity and the dominance of bears in the derivatives market, the net outflow of funds exacerbates the selling pressure. We need to be wary of further pullbacks triggered by the failure of support levels.
Note: This is a personal opinion and does not constitute any investment advice.
935～925 range short, targets: 915, 905, 895
151～145 range short, targets: 139, 133, 127
88～86 range short, targets: 84, 82, 80
