$BNB

$BNB Quick Technical Update – July 15, 2025 🧠

$BNB is currently trading at $679.70, down 3.48% in the last 4 hours, after hitting a recent high of $707.54 yesterday. The correction from this peak suggests short term profit taking pressure is in play.

From a technical point of view:

The MACD graph shows bearish momentum with a negative crossover and a declining histogram, indicating weakening bullish strength slowly.

The RSI has dropped to 27.54, now in oversold territory, which historically signals potential for a bounce or accumulation phase.

MA(5) at 683.57 has crossed below MA(10) at 691.04, confirming short-term weakness in the trend.

This dip could be an opportunity for long-term investors to accumulate, but intraday traders should wait for confirmation with volume and MACD reversal. Watch closely for price action around the $675–680 support zone—a hold here may trigger the next leg up.

⚠️ Reminder: Always watch the graph patterns closely and manage your risk accordingly—use stop-losses and don’t chase pumps.