On the morning of 11.25
BNB is currently near the 867 position. Observing from the 1-hour candlestick chart, there was a slight pullback after an earlier surge, resulting in small upward and downward fluctuations, forming a high-level oscillation pattern. Currently, the candlestick is still operating near the upper band of the Bollinger Bands, with no obvious breakdown signal appearing.
KDJ Indicator: The K line and D line are in the overbought zone, with the J line showing signs of turning downward, indicating that the bullish strength in the short term has weakened, and the risk of a pullback remains.
MACD Indicator: DIF and DEA continue to rise, and the MACD histogram is red, indicating that the bullish trend has not completely ended, but the momentum has weakened.
In summary, it is currently in a high-level oscillation phase; the bullish trend is still present but weakening, and the KDJ overbought indicator suggests a pullback risk. If it can stabilize above 865.00, it is expected to continue to challenge the upper band resistance; if it falls below 865.00, it may seek support at the middle band of 855.67.
In the short term, it is recommended to buy lightly when it pulls back to around the 850--825 position, targeting the area around 875--890.
The above is only personal advice for reference. Please refer to the layout of Haoyu Shipan for specifics $BNB
