BNB’s rally has broken through key resistance zones, trading far above its 20-day moving average (~$705). However, technical indicators suggest caution:
RSI = 87 (Overbought)
MACD = Bullish, but peaking
Trading above upper Bollinger Band
Investor Insight: Overbought indicators often lead to short-term corrections. Watch for support around $740 and $705. Use stop-losses or scale-in strategies.
