BNB followed the US stock market last night and experienced a surge, but the speed of the pullback was faster than expected. It found support around 892 in the early morning and rebounded, now fluctuating around 908. It’s stuck here and not moving upward.
Looking at the pattern, you can sense weakness—each rebound high is lower than the previous one, clearly indicating the bulls are losing strength. The overall rhythm remains weak, and in the short term, a bearish approach is advisable.
The key resistance zone is between 910 and 915. If the rebound pushes above this range, watch to see if it can stabilize. If it fails again, consider entering short positions. Support below is around 890, which is a recent bottom reference.
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BlockTalk
· 01-10 02:22
Stuck again, this damn position is really clingy
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The bearish idea is not wrong, just see if 910 can break
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The description of the bulls losing blood is perfect, indeed weak
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Keep a close eye on the 890 bottom, don't get trapped
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Rebounds are getting lower each time, the topping signal is very obvious
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Wait for confirmation before entering short positions, don't rush
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The 910 resistance is so strong, it feels uncertain
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The rebound at 892 was too fast, I didn't catch up
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If the overall rhythm is weak, just look for short opportunities, no need to overthink
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If 890 doesn't break, there's still a chance to tinker; if it breaks, it will be troublesome
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TradingNightmare
· 01-10 01:11
910 is stuck, still trying to push higher? The bulls are really out of strength this time.
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ApyWhisperer
· 01-09 13:44
908 this positioning is really top-notch, the bulls are completely out of strength
It's the same old trick, each rebound high point is lower than the last, this is truly dangerous
910-915 is really a hurdle, if it can't hold steady, it's definitely going to break
Short positions are all set, just waiting for him to weaken and collapse instantly
892 this bottom must hold, if it drops further, it will be deadly
This wave of momentum is really disappointing, extremely weak
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shadowy_supercoder
· 01-07 02:52
908 Card is really uncomfortable here, the bulls are already out of blood.
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MelonField
· 01-07 02:46
The 908 level is really stuck tight, the bulls are struggling.
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RugPullProphet
· 01-07 02:32
910 has been smashed down again, the bears are really fierce.
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Rugpull幸存者
· 01-07 02:26
908 repeatedly fluctuating is really exhausting. Are the bulls trying to kill us?
BNB followed the US stock market last night and experienced a surge, but the speed of the pullback was faster than expected. It found support around 892 in the early morning and rebounded, now fluctuating around 908. It’s stuck here and not moving upward.
Looking at the pattern, you can sense weakness—each rebound high is lower than the previous one, clearly indicating the bulls are losing strength. The overall rhythm remains weak, and in the short term, a bearish approach is advisable.
The key resistance zone is between 910 and 915. If the rebound pushes above this range, watch to see if it can stabilize. If it fails again, consider entering short positions. Support below is around 890, which is a recent bottom reference.