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BNB Market Outlook
The Bollinger Bands are opening downward overall, with the price moving between the middle and lower bands. The middle band continues to turn downward, and the upper band is also trending lower, confirming the current weak market pattern.
The downward trend line extending from the previous high coincides with the Bollinger Band middle line, forming a resonance resistance. After rebounding to 897.78, the price encountered resistance and fell back, confirming the strength of the resistance in that area.
BNB Trading Suggestion: Consider buying near the rebound at 894-900, with a target of 883-870.