BNB price has risen by +2.33% over the past 24 hours, currently settling at $688.98, after touching a daily high of $697.73.
🔍 Technical Indicators:
RSI = 77.40 → In the overbought zone, indicating strong momentum, but suggests the possibility of a slight correction.
MACD is positive (DIF: 5.22 / DEA: 3.43) and shows a bullish crossover, reinforcing the continuation of the positive trend.
Trading volume is high with strong candles emerging, reflecting increased interest from buyers.
Stochastic K = 77.05 and D = 79.13 → Support positive momentum, but indicate a near slowdown or technical correction.
📈 Recommendation:
Potential buying zone: between 670–680 USDT in case of a slight pullback.
Target 1 (TP1): 703
Target 2 (TP2): 720
Stop Loss (SL): 662
🔔 Note: Although the price is close to a previous resistance at 697.73, the technical momentum remains supportive of the upward movement. It is advisable to monitor price behavior near this level.
💬 Summary: BNB is in a clear upward trend, supported by strong buying momentum. Breaking the level of 697.73 may open the door to new highs above 700. A good opportunity for a smart entry on any slight pullback.
