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BNB Market Outlook
Although the price has rebounded, it is still operating below the middle band of the Bollinger Bands, with the upper band continuously turning downward and the lower band leveling off.
The middle band continues to decline, clearly indicating that the current long-term trend is still dominated by bears.
When the price rebounds to the middle band, it is highly likely to encounter strong resistance and fall back.
BNB Trading Suggestion: Rebound around 771-780, with a target downward move to 758-730.