$BNB #BNB_Market_Update
๐ฅ BNB/USDT Daily Analysis โ 29 May 2025
๐ฐ Current Price: $682.56 (+0.12%)
๐ 24H High/Low: $691.24 / $680.04
๐ RSI (6): 63.21 โ Bullish but not overbought
๐ Trend Overview:
BNB has seen a strong rally from $576 to $697, forming higher highs and higher lowsโa classic bullish structure.
Price is now consolidating just below the resistance at $697, showing signs of bullish accumulation.
RSI at 63.21 signals healthy momentum with room to climb before overbought territory.
๐ข Verdict: Bullish Bias
The trend remains bullish. A daily candle close above $697 could trigger a breakout toward $710+. Watch for volume confirmation.
A pullback to support around $650 would still be healthy for continuation.