December 12 Early Morning BNB & SOL Forecast and Analysis



BNB and SOL both experienced strong V-shaped reversals after hitting bottom on December 12. During the early hours, the rebound momentum continued, with bulls holding the short-term advantage. However, both are entering consolidation near their intraday highs, so caution is needed for potential technical pullbacks after overbought conditions. Focus on key support and resistance levels for trading decisions.

1. BNB
The 1-hour chart shows a strong bullish rebound, with the price above all short-term moving averages. The MACD histogram is expanding in the red, and RSI has entered the overbought zone. Bullish momentum is sufficient but a correction is possible. The 875 level is a short-term support/resistance pivot; losing it could lead to a pullback to 870.

Long Entry: Wait for a pullback to the 875-877 range, enter with a stop loss at 872, target 1 at 881.51, target 2 at 885.

Short Entry: During a rebound to the 880-881.51 range, enter with a small position, stop loss at 886, target 1 at 877, target 2 at 875.

2. SOL
The 1-hour chart indicates a weak-to-strong rebound, with the price bouncing over 4% from the low. The MACD has formed a bullish crossover at a low level, and RSI has risen to 68. Bulls are dominating the trend. The 134 level is a short-term support/resistance pivot; holding above it could lead to further attempts at the intraday high.

Long Entry: Wait for a pullback to the 134-134.5 range, enter with a stop loss at 133.5, target 1 at 135.51, target 2 at 136.

Short Entry: During a rebound to the 135-135.51 range, enter with a stop loss at 136, target 1 at 134.5, target 2 at 134.

3. Risk Tips

1. Liquidity is poor during early morning hours, so price may experience spikes. Leave a 0.5-1 point buffer for entry points, and do not place stops too tight at key levels.
2. After overbought conditions, BNB has limited room for correction; avoid excessive bearishness. SOL's rebound strength is weaker than BNB, so confirm support stability before going long.
BNB-0.67%
SOL-1.24%
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