$BNB : Bulls Regain Short-Term Momentum
1. Current Price: $1,119.90 ā¬ļø (Up +2.21% on the day).
2. Recent High: Reached $1,375.11 š before the correction.
3. Major Drop: Experienced a sharp spike down to $860.11 š.
4. Short-Term MA: Price is above MA(7) & MA(25) at $1,118 supporting a bounce š¢.
5. Long-Term Resistance: Stuck below MA(99) at $1,193.20 š§± (Key resistance).
6. MACD Signal: MACD histogram is positive 5.79 , hinting at increasing momentum š.
7. Short-Term RSI: RSI(6) is at 63.29, showing short-term buying pressure šŖ.
8. Mid-Term Trend: Overall trend remains neutral/recovering š” due to MA(99) resistance.
9. Key Support: Immediate support zone is around $1,097 š”ļø.
10. Breakout Target: Breaking $1,193 is needed to target $1,287 šÆ.
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