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11.25
BNB is currently around 857. Observing from the 1-hour level, after a morning attempt to reach a high, it has shown a pullback and has now fallen below the middle band of the Bollinger Bands, overall displaying a trend of rising first and then adjusting.
Currently situated below the middle line of the Bollinger Bands channel, facing certain pressure in the short term.
KDJ Indicator: The K line is below the D line, and the J line is at a low position, indicating that there is short-term pullback pressure.
MACD Indicator: The DIF line is below the DEA line, and the MACD histogram is negative, indicating that the short-term bullish momentum has weakened.
Short-term trend, after experiencing a rapid rebound, the price has entered a consolidation phase, with short-term pullback pressure and is below the middle band of the Bollinger Bands, indicating significant pressure.
Subsequent trend: Attention should be paid to the pressure level of the middle track. If it can break through, a rebound may continue; if it remains under pressure, it may drop to the lower track of the Bollinger Bands near the 840.70 position $BNB .