From the broader trend, BNB is steadily rising on the weekly chart while standing on key moving averages, and there is sufficient catching a falling knife power during pullbacks.
In the lower time frames, the signals of stopping the decline are clear, moving averages are starting to rise, and the MACD golden cross has quietly appeared. This is the bulls gathering strength, following the trend carries less risk and more opportunities.
Trading suggestion: The 1060-1050 range is a safe zone. If the price stabilizes, go long, aiming for a short-term spike to 1080-1100, and a long-term progression towards 1150 and 1200, stepping up more solidly.
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From the broader trend, BNB is steadily rising on the weekly chart while standing on key moving averages, and there is sufficient catching a falling knife power during pullbacks.
In the lower time frames, the signals of stopping the decline are clear, moving averages are starting to rise, and the MACD golden cross has quietly appeared. This is the bulls gathering strength, following the trend carries less risk and more opportunities.
Trading suggestion: The 1060-1050 range is a safe zone. If the price stabilizes, go long, aiming for a short-term spike to 1080-1100, and a long-term progression towards 1150 and 1200, stepping up more solidly.