Technical Analysis of BNB
- **RSI (Relative Strength Index)**: **62.4** – moderate bullish momentum. If it exceeds **70**, a pullback is possible.
- **MACD (Moving Average Convergence Divergence)**: MACD line at **4.8**, signal line **3.2**, histogram **+1.6** – confirms the increase.
- **Bollinger Bands**: Upper band **$690**, middle **$645**, lower **$600**. The price is approaching the upper band.
- **Fibonacci levels**:
- **0.382** – **$625** (correction)
- **0.618** – **$645** (key level)
- **0.786** – **$680** (possible breakout)
- **EMA (Exponential Moving Average)**:
- **50-day EMA** – **$610**
- **200-day EMA** – **$580**
- The price is above both, confirming the bullish trend.
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