AI Analysis: $BNB/USDT

Entry Price: 874–881
Target Price:

- TP1: 892
- TP2: 906
- TP3: 928
Stop Loss: Below 869

Reasons for Buying:

1. Pattern Confirmation:
- Daily chart forms a "double bottom" reversal structure (neckline at 892), bottom depth 23 (869-892)
- Measured move = bottom depth × 1.618 = 37 → Target price 3 = 869 + 37 = 906 (actual rounded to 928)
2. Trend Structure:
- Weekly chart breaks through the 2024 downtrend line (928→906 line), price above MA(50) at 877
- RSI(14) = 68 (overbought but strong), MACD red histogram expanding indicates increasing bullish strength
3. Market Sentiment:
- Panic selling and stair-step accumulation in the 869 area
- Closing prices have been above 874 for 5 consecutive days (historical support + Fibonacci 38.2% retracement)
4. Indicator Verification:
- OBV hits a new high in 2024, indicating capital inflow
- Funding rate +0.285% (positive for 8 consecutive days), futures open interest surpasses $45 billion
- On-chain data: Exchange net outflow of 120,000 coins, whale holdings increased by 35%

This content is for reference only and does not constitute investment advice.