$BNB is sitting at $632 right now, up a tiny 0.34% in the last 24 hours. After that massive run from the $202 lows all the way up to over $1,375, we're seeing a normal healthy pullback.
The chart looks like it's consolidating. Price is hovering just above the middle Bollinger Band around 720 but got rejected from the upper zones. Bollinger Bands are squeezing a bit, which usually means the next big move is loading up. MACD is still negative at -33, showing short-term momentum is weak, but RSI on the 6-period is down at 35.6 — getting close to oversold, so a bounce could come soon.
Immediate support is the 24h low at 627. If that breaks, next stops look like 600 then the 550-580 area. On the upside, we need to clear 720 first, then the real resistance kicks in around 890 and especially that 1,000-1,100 zone.
Overall, BNB is still in a big bull structure from the lows. As long as we stay above 500-550, I'm bullish for the next leg higher. This feels like a decent dip to watch for accumulation if Bitcoin stays stable.