In the 4-hour level of bnb, after the previous high of 870 faced resistance and retreated, a long bearish candle directly pushed back to the middle Bollinger band, indicating that selling pressure above is real and bulls have not formed an effective breakout structure; subsequently, price found support in the 852–855 area, with the candlestick chart showing a sideways consolidation of small bullish and bearish candles, which is a technical recovery after a decline rather than a trend reversal. From the 1-hour level, the rebound momentum is obviously weak, having failed to sustain multiple attempts to break above 860, all of which were quickly pushed back, with the middle band flattening and momentum gradually diminishing, indicating intense capital contention between bulls and bears but insufficient willingness for active offense. Overall, before re-establishing a stable position and breaking through the pressure zone with volume, the market will primarily exhibit a weak oscillation and a rebound under pressure, and operations should focus on patiently waiting for structural confirmation.
Operation suggestion: Long at 852–855, target around 865. #bnb $BNB
