$BNB - From a technical perspective, BNB exhibits a mixed but largely positive outlook. Its price remains above critical Simple Moving Averages (SMAs), including the 7-day SMA at $761 and the 30-day SMA at $750, indicating sustained bullish momentum. However, a bearish MACD divergence, with the histogram at -5.57, suggests that this upward trend may face challenges. The Relative Strength Index (RSI) at 59 indicates a neutral stance—neither overbought nor oversold—hinting at possible consolidation. Having broken through the $780 pivot point, BNB now faces resistance at the 23.6% Fibonacci retracement level of $812.37. A decisive close above this threshold could propel it toward the yearly high of $859.56, while a drop below $765 might see it retest the $735 support level (38.2% Fibonacci).
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