The BNBUSDT Perpetual Futures contract is currently trading at $597.25, reflecting a healthy gain of +1.96%. The mark price is nearly identical at $597.24, indicating stable price alignment. Within the last 24 hours, BNB has ranged between a high of $599.78 and a low of $583.02, with a trading volume of approximately 580,853 BNB and $344.78 million USDT.
Technically, BNB is hovering just below the 7-period moving average (MA7) at $598.42 and slightly above the 25-period MA at $594.23, while staying just above the 99-period MA at $596.10. This suggests the asset is attempting to consolidate after a short-term bullish move, with minor resistance around the $600 level.
The RSI (6) stands at 48.73, showing neutral momentum—neither overbought nor oversold territory. Trading volume surged during the latest uptrend but has since tapered off, indicating caution from buyers at higher levels.
In summary, the BNBUSDT perpetual futures chart indicates a near-term bullish structure that may pause or retrace slightly unless momentum strengthens. Traders should monitor RSI and price reaction around $600 for signs of continuation or rejection.
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