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November 21 Evening | BNB Market Commentary
BNB is currently quoted at $816, with a flash dip in the afternoon that briefly touched the $800 mark, indicating heavy short-term selling pressure.
Since noon yesterday, the price of the currency has been continuously operating below the middle band of the Bollinger Bands, showing overall weakness in upward movement. Coupled with tight market liquidity and panic sentiment, it is advisable to follow the trend, with short-term operations primarily focusing on bearish positions during rebounds.
The first target is 805, the second target is 793!