Analysis of $BNB shows extreme overbought conditions with an RSI of 102.37 and Stochastic overbought, yet the price remains above all key moving averages with solid bullish momentum.
POSITION: LONG (with high caution)
ENTRY: $1,050 - $1,070 (wait for a minor pullback)
STOP LOSS: $990 (below EMA 9)
TAKE PROFIT: $1,150 - $1,200
LEVERAGE: Maximum 3x – overbought conditions increase liquidation risk.
DURATION: 5-10 trading days
ACCURACY: 65% – extreme RSI serves as a strong warning signal.
REASON FOR ENTRY: $BNB prints a new ATH with high volume and outperforms the sector by +27.46% in 30 days, supported by strong Binance fundamentals.
RISK: Very high – divergence signals and Doji pattern indicate potential correction.
