$BNB is showing strong bullish momentum, currently trading around $866 after a clean breakout from the $850ā855 consolidation zone. Price structure remains bullish with higher highs and higher lows intact.
{spot}(BNBUSDT)
š Indicators Insight
RSI (6): ~77 ā Overbought zone, indicating strong buying pressure but a short-term pullback is possible.
MACD: Bullish crossover with expanding histogram ā Momentum still favors buyers.
Volume: Increasing on upward moves ā Confirms breakout strength.
š Key Levels
Immediate Resistance: $868 ā $875
Major Resistance: $890 ā $900
Strong Support: $855
Lower Support: $840
š Outlook As long as BNB holds above $855, the trend remains bullish and a push toward $880ā900 is likely. However, due to overbought RSI, a healthy pullback or consolidation near support would be normal before the next leg up.
ā ļø Note: Chasing at resistance is risky. Smart entries are on pullbacks to support with confirmation.
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