$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 šŸš€ before the correction.

3. Major Drop: Experienced a sharp spike down to $860.11 šŸ“‰.

4. Short-Term MA: Price is above MA(7) & MA(25) at $1,118 supporting a bounce 🟢.

5. Long-Term Resistance: Stuck below MA(99) at $1,193.20 🧱 (Key resistance).

6. MACD Signal: MACD histogram is positive 5.79 , hinting at increasing momentum šŸ“ˆ.

7. Short-Term RSI: RSI(6) is at 63.29, showing short-term buying pressure šŸ’Ŗ.

8. Mid-Term Trend: Overall trend remains neutral/recovering 🟔 due to MA(99) resistance.

9. Key Support: Immediate support zone is around $1,097 šŸ›”ļø.

10. Breakout Target: Breaking $1,193 is needed to target $1,287 šŸŽÆ.

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