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BNB from the 4-hour chart shows that after the lower Bollinger Band was retested to gain support, the price has held above the middle band, and the bullish structure is clear. The short-term moving averages form a golden cross, and the price is moving above the moving averages, with support proving effective. Technical indicators have moved upward from the oversold zone; the three lines are diverging, and bullish momentum is strengthening.
Trading suggestion: Go long in the 587-597 range, with the target at 610.
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