BNB has formed a clear upward channel on the 1-hour timeframe. The Bollinger Bands have opened upward, with the price steadily staying near the upper band, and the middle band is also moving higher, forming a strong support zone.
From the indicator perspective, the situation looks more optimistic. The two lines of the MACD have formed a golden cross above the zero line, and the red histogram bars are continuously stretching, indicating that the bullish momentum is quite sufficient. Although the RSI has risen, it has not yet entered the overbought zone, which means there is still room for further upward movement.
From a trading standpoint, the 890-900 range can be considered as a reference for building positions, with subsequent attention to the resistance levels at 910, 920, and 930. Overall, as long as this bullish momentum can be maintained, there is still a chance for a gradual push higher.
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GasFeeLady
· 12h ago
ngl the entry zone timing hits different when you're watching gas spikes... 890-900 feels like optimal window rn
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DataChief
· 12h ago
The Bollinger Bands are so wide open, it feels like a breakout is imminent.
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MetaverseLandlord
· 12h ago
Bollinger Bands are opening upward, and MACD is showing a golden cross. This move is indeed quite interesting.
Entering at 890-900 feels pretty good, just worried that the bullish momentum might suddenly fade.
RSI hasn't yet entered overbought territory, and there's still room, the key is whether it can maintain this momentum.
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OnchainArchaeologist
· 13h ago
The Bollinger Bands are opening. Can we really bottom out at 890-900 this time? I feel like I'm always getting trapped.
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HashRateHermit
· 13h ago
Bollinger Bands are opening up, MACD is showing a golden cross, this bullish wave really looks quite interesting.
BNB has formed a clear upward channel on the 1-hour timeframe. The Bollinger Bands have opened upward, with the price steadily staying near the upper band, and the middle band is also moving higher, forming a strong support zone.
From the indicator perspective, the situation looks more optimistic. The two lines of the MACD have formed a golden cross above the zero line, and the red histogram bars are continuously stretching, indicating that the bullish momentum is quite sufficient. Although the RSI has risen, it has not yet entered the overbought zone, which means there is still room for further upward movement.
From a trading standpoint, the 890-900 range can be considered as a reference for building positions, with subsequent attention to the resistance levels at 910, 920, and 930. Overall, as long as this bullish momentum can be maintained, there is still a chance for a gradual push higher.