December 9

Support levels: 880, 874

Resistance levels: 898, 906

If it does not drop below 880, you can go long, add to position at 874, with a stop loss included; first take profit at 898, second take profit at 906. If it does not break above 898, you can go short, add to position at 906, with a stop loss included; first take profit at 880, second take profit at 874.

BNB four-hour chart, Bollinger Bands three lines are narrowing towards the middle, the middle line is horizontal, corresponding prices are: 894, 906, 881, the one-hour chart Bollinger Bands three lines are trending downwards.

The 4-hour chart short-term moving average ma5 is trending downwards, crossing ma10, ma30; ma10 is trending downwards, ma30 is trending downwards, the market is operating below the short-term moving average ma5, and the one-hour chart short-term moving average is trending downwards, crossing the medium- and long-term moving averages, with the candlestick below ma5.

MACD on the 4-hour chart is below the 0 axis with both lines trending downwards, bearish volume is increasing; on the one-hour chart, both lines are trending downwards below the 0 axis, bearish volume is increasing.

The RSI indicator on the 4-hour chart is in the overbought trading phase with both lines trending downwards, corresponding values are 20, 13; the one-hour chart is in the overbought trading phase with both lines trending downwards, corresponding values are 12, 4.