BNB is currently around 867. The hourly chart shows a slight pullback after a surge, presenting a high-level oscillation pattern. The price is still operating near the upper Bollinger Band, with no obvious breakout observed. In the KDJ indicator, the K and D lines are in the overbought area, while the J line is turning downwards, indicating a weakening short-term bullish momentum and the presence of pullback risk. The MACD indicator shows that the DIF and DEA are continuously moving upwards with red bars, suggesting that the bullish trend has not ended but is weakening.
Operation suggestion: If it holds above 865, continue to look towards the upper resistance; if it breaks below 865, pay attention to the mid-level support at 855.67. It is suggested to lightly buy in the 850-825 range on a pullback, with a target of 875-890. Note that the current high-level fluctuations indicate a weakening of bullish strength, and the risk of a pullback should be guarded against.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Morning Analysis on 11.25
BNB is currently around 867. The hourly chart shows a slight pullback after a surge, presenting a high-level oscillation pattern. The price is still operating near the upper Bollinger Band, with no obvious breakout observed. In the KDJ indicator, the K and D lines are in the overbought area, while the J line is turning downwards, indicating a weakening short-term bullish momentum and the presence of pullback risk. The MACD indicator shows that the DIF and DEA are continuously moving upwards with red bars, suggesting that the bullish trend has not ended but is weakening.
Operation suggestion: If it holds above 865, continue to look towards the upper resistance; if it breaks below 865, pay attention to the mid-level support at 855.67. It is suggested to lightly buy in the 850-825 range on a pullback, with a target of 875-890. Note that the current high-level fluctuations indicate a weakening of bullish strength, and the risk of a pullback should be guarded against.