$BNB
📢 BNB/USDT Technical Update – Overbought Caution 🚨
🔹 Current Price: 791.70 USDT (+3.44%)
🔹 24h High: 804.70 USDT
🔹 RSI(6): 79.52 → ⚠️ Overbought Territory
🔹 Volume (24h): 367.97M USDT (Strong activity)
🔍 Market Overview
✅ Price is trading above key MAs
• MA(7): 771.07
• MA(25): 755.50
• MA(99): 704.70
📈 Indicates a strong bullish trend, but...
🟠 RSI > 79 suggests a short-term pullback or consolidation may be near.
🔸 Current volume outpaces MA(5), but divergence shows momentum may be slowing.
🧠 Strategy Suggestion
Short-Term Traders
🔸 Consider taking partial profits near 804.70
🔸 Watch for a break below 781.49 (support)
🔸 Use tight stop-loss to manage risk
Long-Term Traders
🔹 Hold as long as price stays above MA(25)
🔹 Trend remains intact unless sharp reversal occurs.
🧭 Key Levels to Watch
🔼 Resistance: 804.70
🔽 Support: 781.49 → 751.80
📌 A breakout above 804.70 with volume = bullish continuation
📌 A break below 781.49 = potential short-term correction.
