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BNB Market Outlook
Price continues to be under pressure below the lower band of the BOLL, with the middle band forming strong resistance. The moving average system is in a bearish alignment, indicating an obvious downtrend.
The MACD indicator's DIF and DEA remain in the negative zone with a dead cross downward. Although the green bars are narrowing, no reversal signal has appeared, and bearish momentum is still being released.
The pattern dominated by long shadows and short rebound bullish candles suggests that the current low-level rebound is merely a weak correction after a sharp decline, not a trend reversal signal.
BNB Trading Advice: Rebound around 640-650, with a target near 615-580. If broken, continue to look lower.