$BNB

BNB/USDT – Uptrend Confirmed!

Current Price: $605.36

Timeframe: 1D (Daily)

Status: Uptrend Confirmed

Why BNB is Looking Bullish:

1. Strong Support Zone:

BNB has bounced consistently above the $599–$595 area.

Holding strong above EMA(9) – $599.89 and EMA(21) – $595.83 shows bulls are defending support.

2. Moving Average Confirmation:

Price is trading above the EMA 9, 21, and 50, indicating a short- to mid-term uptrend.

Only the EMA 200 ($613.68) remains as the final resistance to break for full confirmation of a long-term bull phase.

3. MACD Bullish Crossover:

MACD Line: 4.87

Signal Line (DEA): -9.49

Bullish crossover with a growing positive histogram – momentum is building.

4. RSI Supports Further Growth:

RSI(14): 54.30 – Neutral zone, showing that BNB has more room to rise before being overbought.

5. Bullish Candlestick Structure:

A clear series of higher lows since the dip to $520.

Recent green candles and volume increase confirm buyer strength.