12.3 morning

From the current 1-hour K-line and indicators, BNB is in a high position of oscillation after a short-term rise; previously, it rose continuously from around 820.20, reaching a peak of 885.50, and is currently retracing to 877.20, which is a "volume reduction pullback" oscillation after the breakout.
Recently, several candlesticks have small bodies and alternate between red and green, without breaking through key support levels, indicating that the bulls still have the upper hand, which is a process of digesting positions after a short-term rise.
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Overall, it belongs to "trend breakthrough + mild adjustment" - the previous volume breakout above the middle track of the Bollinger Bands, currently shrinking volume in high-level oscillation, is a signal for the continuation of short-term strength. If it holds above 875, it is expected to continue rising.

Currently below the upper Bollinger Band at 897.36, the Bollinger Band opening is expanding, indicating a clear short-term bullish trend + increasing volatility; the current price still has space away from the upper band, and the short-term pullback risk is relatively controllable.
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The KDJ indicator's three lines are in the strong zone but not overbought, suggesting that short-term pullback pressure is limited. The MACD indicator's DIF has crossed above the DEA, and the MACD red bars are continuing to expand, indicating that bullish momentum is still being released and the short-term trend has not reversed. In terms of funds, there is a net inflow of 26.5 million, and the trading volume during the upward phase has simultaneously increased, validating the funding support for the rise.

If the short-term trend stabilizes above 877, it is expected to hit the upper Bollinger Band at 897.36, challenging the previous high. If affected by short-term profit-taking, it may retrace to the 860-855.90 range around the middle of the Bollinger Band to confirm support. It is suggested to consider entering with a small position around the 890--905 area on a retracement, with a target looking towards the 865--850 area.

The above is just personal advice and for reference only. Please refer to the layout of Haoyu Shipan for specifics! $BNB ‌#BNB