Evening of 12.3

BNB is currently showing a pattern of strong volume surge and high-level consolidation on the one-hour chart: it quickly rose from a low of 874.00 to a high of 911.39, an increase of over 4%, then entered a consolidation phase with alternating red and green candlesticks. The latest candlestick is a small bullish one, indicating a short-term state of "profit-taking after a strong rally and weak tug-of-war between bulls and bears," with the overall trend remaining strong.

Currently, it is near the upper Bollinger Band at 908.12, with the middle band support near 889.12 and the lower band support near 870.11. The rhythm is "pullback and consolidation after breaking through the upper band," with the upper band as short-term resistance, and the middle band as key support.

The KDJ indicator shows K at 61.87, D at 65.92, J at 53.77. The K line is below the D line and approaching a bearish crossover, suggesting a short-term need for a pullback, but as the values are in a neutral range, the pullback is expected to be limited.

The MACD indicator shows the DIF above the DEA, and the MACD bars are positive, indicating a bullish momentum phase after a golden cross. The bullish trend has not yet reversed.

In the short term, the 1-hour cycle is mainly characterized by strong consolidation and pullback to support levels. The upside resistance is at the previous high of 911.39 and the upper Bollinger Band at 908.12. If the previous high is broken, a new upward space may open.
The downside support is at the middle Bollinger Band at 889.12. If it pulls back to near the middle band and finds support, it is likely to continue oscillating upward. If it breaks below the middle band, it may pull back to the 870-880 range. It is recommended to consider a light position near the 910-925 area with a target around 890-875.

The above is for personal reference only. Please refer to Haoyu Shipan's layout for specifics. $U2U ‌$BNB #BNB ‌#十二月行情展望