The BNB/USDT perpetual futures on Binance are currently trading at $674.77, showing a +3.71% increase over the past 24 hours. The price has ranged between $648.85 and $678.38 during this period, with a 24-hour trading volume of 1.02 million BNB, equivalent to $676.97 million USDT, indicating healthy market liquidity. The price is above key moving averages, with MA(7) at $670.54, MA(25) at $660.15, and MA(99) at $648.90, reflecting strong upward momentum. The RSI is at 72.81, which suggests the asset is entering the overbought zone and may face resistance ahead. Over multiple timeframes, the trend remains bullish, with gains of +0.74% today, +3.53% over 7 days, and +12.70% over 30 days. Even longer-term metrics are positive, with +8.00% in 180 days and +9.36% over one year, highlighting sustained upward pressure. This setup points to a strong bullish trend in the short to mid-term, though traders should monitor RSI levels closely for potential pullbacks.
