After falling from a high of $871.70, BNB is now oscillating around $867, with a sense of tension in the air. On the 1-hour chart, the price is tightly constrained by the Bollinger Bands, with long positions and short positions both building momentum, ready for a showdown that could ignite at any moment.

The current price is $867.13, which is honestly an awkward position. You see, the upper band of the Bollinger Bands is $868.63, right in front of us, while the lower band is $850.65, far behind. The middle line is around $859.5. The price is already approaching the upper band, but it just can't break through — that's the problem.

What does MACD say? The DIF value is 3.32 and is still above the DEA value of 2.46. The histogram is indeed positive (1.73), which suggests there is still short-term long positions support. However, the length of this bar is limited, and the momentum has clearly weakened. We need to keep the risk of a top divergence in mind.

Speaking of key positions, the resistance level is stuck in the range of 868.6-872 USD, especially the previous high of 871.70 USD — this is a psychological price level that needs to be closely monitored. If it can stabilize above 868.63 USD, the target will point towards 877-880 USD.

Support? First, it is the lower Bollinger Band at $850.65. If that breaks, we need to watch around $845. The current situation is about maneuvering between these key levels. Whether we can break through resistance and hold support will determine the subsequent trend direction.