$BNB

Technical Situation – Short-Term Analysis

Resistance Level: The currency is attempting to break resistance at ~$698–700, which may lead to advancement towards the next range at ~$720–740 if successful.

Volatility: After surpassing the weekly resistance level ($700), a stable movement is observed with a decline in fluctuating activity according to the daily ATR indicator.

Technical Indicators:

Relative Strength Index (RSI) indicates bullish momentum but is not in overbought territory yet ($68–69).

Moving Averages (50 and 200 days) are in an upward direction and are forming as strong support.