$BNB 🔍 Analysis of BNB (Binance Coin)

📆 Date: July 22, 2025

💠 Overview:

BNB is the native token of the Binance platform, used for trading fee discounts, network fees, launching projects on Launchpad, and other services within the Binance ecosystem. It is one of the strongest coins in terms of actual usage.

📉 Technical Analysis:

✅ Current Price: $585

🛡️ Nearest Support: $550

🔼 Important Resistance: $610 then $645

📊 RSI: at 63 – indicates moderate buying momentum

Averages: the price is above MA50 and MA200, indicating a strong upward trend

Price Movement: Healthy corrections within an upward trend, no current signs of weakness