Attention! BNB's position tonight is a bit precarious. Whether the 930 barrier can be crossed directly affects the subsequent direction. Just finished reviewing the news and the hourly chart, and I think it's necessary to discuss this with everyone.



First, a quick update—this morning, Sora announced the launch of the "First Agentic Oracle" on BNB Chain, also designated as an ecosystem payment layer solution. At first glance, it might seem like just a technical update? Not quite. What's more noteworthy is that Sora is using 95% of its revenue to buy back its own tokens. What does this mean? Money is flowing into a value lowland. Such concrete actions are definitely good for the medium to long-term development of BNB Chain. But on the other hand, good news is like making soup—it needs to simmer slowly to develop flavor. For now, we still need to keep a close eye on the technical side.

Let's look at the current market situation. The price is at 891, just slightly below the first support level at 895. Looking upward, the resistance at 930 is still far away; looking downward, the bottom support at 880 is within reach.

Regarding MACD, the yellow and white lines are still hovering above the zero line, indicating that the overall trend hasn't collapsed yet. But here's the issue—"the golden death cross is switching back and forth," this
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BlockImpostervip
· 1h ago
If 930 can't be reached, see you at 880. Don't talk about any good news about profits.
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TheMemefathervip
· 12-11 02:14
Can't figure out 930, feels like I have to rely on luck tonight
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GweiWatchervip
· 12-10 12:52
If 930 can't go up, then it depends on 880. The middle segment is too awkward.
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ForkTroopervip
· 12-10 12:50
The key level at 930 must be held firmly; breaking it would cause us big trouble. Sora's buyback move still has some substance, but it's not clear in the short term. It feels like 891 still needs to shake a bit more; no rush. The death cross on MACD looks annoying. When can we have a clean breakout? The bottom support at 880 is the last line of defense.
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BearMarketMonkvip
· 12-10 12:49
If 930 can't be broken, we need to prepare for a pullback. This wave is a bit bottlenecked.
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RamenDeFiSurvivorvip
· 12-10 12:47
Holding 930 positions is indeed uncomfortable, let's wait for a technical signal. Sora's buyback operation is quite solid, but the stock price hasn't shown much in the short term; the positive news is for later. If 880 breaks, be careful; I have some long positions around here. This kind of market is the most annoying, with news and candlestick charts fighting each other. Forget it, let's stay on the sidelines.
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MidnightTradervip
· 12-10 12:23
If 930 can't be broken, this wave might need to retrace to find support. I'm watching the 880 level.
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