12.8 Noon

From the 1-hour K-line cycle and technical indicators, BNB is showing a short-term pattern of surging and then pulling back, consolidating around the middle Bollinger Band. The current price at 903.54 is above the middle Bollinger Band at 894.79, with the upper band at 910.00 and the lower band at 879.57. The price is fluctuating around the middle band support, and the upper band coincides with the previous high, forming strong resistance. This places the price in a relatively strong consolidation range between the middle and upper Bollinger Bands. Previously, after testing the bottom at 870.56, the price rebounded sharply to the recent high of 910.50, then pulled back with a bearish candlestick, forming a rounded top pattern, indicating significant selling pressure around the 910 area. The current small bullish candlestick shows sideways movement, which is a weak consolidation after the pullback, with no clear breakout or strong rebound signals.

The KDJ indicator lines have retreated from the overbought area but remain above 50, indicating that short-term bullish momentum has weakened but has not entered a bearish zone, maintaining a slightly bullish consolidation state. The MACD histogram is still showing red bars and has slightly increased, suggesting that the mid-term bullish trend remains intact and the current move is just short-term momentum digestion after the rise.

In the short-term 1-4 hour cycle, the price is likely to remain in the 895-910 range. Upper resistance: 908-910 previous highs + upper Bollinger Band; lower support: 895-894 middle Bollinger Band, 880 lower Bollinger Band. If the price holds above 910, it may test resistance near 915-920. If it falls below 895, it's likely to retest the 885-880 range. In the short term, if the price rebounds to the 910-925 area, consider light positions with a target near 895-880.

The above is for personal reference only. Please refer to Haoyu Shipan's layout for specifics! $BNB #bnb ‌