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Analysis of BNB on the 1.6:
BNB failed to sustain its rebound in the early morning and retreated. The technical outlook shows a complete bearish structure. It is recommended to mainly short on rebounds encountering resistance. If the key support level is broken, further downside potential may open up.
For trading, it is suggested to consider a light short position in the 915-917 range, with a target around 885-895.
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