#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $BNB /USDT

1. Price and Trend: Current price is 768.75 USD with a decrease of 0.03%. The chart shows a recent corrective decline after a local high around 813.83 USD. The trend looks neutral with a tendency to consolidate.

2. Bollinger Bands (20, 2): The price is between the middle line (MB: 791.16) and the lower line (DN: 770.04), which may indicate a possible completion of the correction or preparation for a new move.

3. Moving Averages (MA):

• MA(5): 148,673.76 (short-term trend).

• MA(10): 118,147.75 (medium-term trend). The price is below these levels, which may signal weakness of the bullish momentum.

4. MACD: DIF (0.62) crosses DEA (4.88) from above downwards, and MACD is -4.26. This may indicate the beginning of bearish momentum.

5. Stochastic RSI: The value of 6.12 (MASTOCHRSI: 10.43) is in the overbought zone, which may indicate a possible further decline.

6. Volumes: There is a decrease in trading volumes (84,092.45), which may indicate a decrease in investor interest in the asset at the current level.

⚠️Conclusion:

Based on the analysis, BNB/USDT is in a short-term correction with signs of a possible continuation of the decline. Support levels: 745.00 USD (local minimum) and 741.72 USD (lower range). Resistance: 799.41 USD. It is recommended to monitor the breakdown of levels and changes in volumes to confirm further movement.