$BNB Technicals Suggest Breakout Potential

Impact: Cautiously Bullish

From a chart perspective, BNB has held firm above critical support levels:

Above the 7-day Simple Moving Average (SMA) at $828.88Above the 23.6% Fibonacci retracement at $833.65

The MACD histogram shows positive momentum (+2.6), indicating buyers are in control. However, the RSI (14-day) sits at 65.21—edging into overbought territory, which could prompt short-term pullbacks if not met with strong volume.

🎯 Next Milestone:

A breakout above $868.68—the August 14 high—could trigger a wave of FOMO buying, opening the path toward the 127.2% Fibonacci extension at $909.06.

⚠️ Risk Note: Failure to clear $868.68 may lead to profit-taking, especially with resistance looming overhead.