$BNB Binance Coin (BNB) is currently trading at $894.31, with a market cap of $125.29 billion. The price has seen a slight dip of 0.39% in the last 24 hours.
*Key Support and Resistance Levels:*
- _Support Levels_: $484.55, $676.02, and $700-$750
- _Resistance Levels_: $1,613, $2,338, and $7,084
The RSI (14) stands at 48.35, indicating a neutral signal. Analysts suggest that BNB has formed a bullish pennant pattern, suggesting a strong potential for upward movement. ¹ ²
*Technical Analysis:*
The MACD suggests the bulls are likely to continue their run, albeit gently. The consolidation phase after the recent highs is pointing to a well-defined market structure. Volume is at a normal level, indicating buying pressure is under control. ³
Would you like to know more about BNB's long-term price forecast or its potential as a safe-haven asset?
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