$BNB
1 Hour Market Trend Analysis: There was strong support, minor support, and a consolidation range in the earlier period. After breaking through, an upward channel was formed. The current price has broken through the upper edge of the channel, and there is short-term momentum for further upward movement. However, attention should be paid to the previous high pressure at 855.44; if it breaks through, there is hope for continued upward momentum. If it does not break through, it may retreat for consolidation. Pay attention to the volume coordination and key price level gains and losses.
After breaking through the upper edge of the upward channel, the Bollinger Bands are opening upwards, with previous support signals. If there is volume coordination, and if the previous high of 855.44 is broken, there is hope for continued upward momentum; the short-term outlook is bullish.
