BNB is currently in a rebound channel on the 4-hour chart.
It is important to realize that the key price of 502.58 has become a stronghold for bulls, and as long as the price can stand firmly above this level, the bulls' strength can continue to be maintained. #BNBSmartChain
At the same time, there is a clear pressure area above, located between 515.19 and 523.90, which will be the key to test whether the rebound can be extended further. #bnb每日打卡 #BNB金铲子挖矿
However, if ETH unfortunately loses the long-short dividing point on the 4-hour time frame, it will be regarded as the end of the rebound momentum, and the bears may take the opportunity to strengthen and increase short positions.
In this scenario, investors should focus on 490.94, 479.66 and the lower level of 470.78 as potential support levels, which may provide a buffer for the price. #BNB挖礦 $BTC $ETH $BNB
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