š„ #BNB ā key moment for continued growth
$BNB remains strong fundamentally but technically overheated.
1ļøā£ Ecosystem growth:
BNB Chain is accelerating scaling (20K TPS by 2026) and integrating AI. The new $1B fund from YZi Labs targets DeFi and RWA developers.
2ļøā£ Deflation and burns:
The auto-burn has reduced supply to 142.4M tokens ā with a target of 100M. This supports long-term value.
3ļøā£ Overbought zone:
RSI is 83. The price is 23% above the 30-day EMA ā a correction to $1,200 is possible before the next leg up.
ā”ļø Fundamentals remain bullish, but the market needs to cool off. Holding $1,200 is key to maintaining the uptrend.