$BNB reclaimed $700 and is holding steady near $701.50 after testing resistance at $716.
Immediate Support: $674.00 (Daily EMA7) | $669.50 (Weekly EMA99)
Major Trend Base: $643.00 (Daily Supertrend)
Overhead Target: $726.00 | $745.00 (Weekly Supertrend Resistance)
Daily RSI is sitting overextended at 84.3, but the weekly chart shows MACD momentum just flipping green with an RSI of only 56.
"Greed makes retail buy extreme overbought daily candles out of FOMO; patience waits for a daily retest of support or a clean weekly breakout above $745."
Don't chase market orders directly under $716–$726 resistance. Let the daily candle set a higher base or look for retest entries near the $674 moving average. Protect your stops.
Not financial advice. DYOR
#bnb $BNB #crypto #trading
Immediate Support: $674.00 (Daily EMA7) | $669.50 (Weekly EMA99)
Major Trend Base: $643.00 (Daily Supertrend)
Overhead Target: $726.00 | $745.00 (Weekly Supertrend Resistance)
Daily RSI is sitting overextended at 84.3, but the weekly chart shows MACD momentum just flipping green with an RSI of only 56.
"Greed makes retail buy extreme overbought daily candles out of FOMO; patience waits for a daily retest of support or a clean weekly breakout above $745."
Don't chase market orders directly under $716–$726 resistance. Let the daily candle set a higher base or look for retest entries near the $674 moving average. Protect your stops.
Not financial advice. DYOR
#bnb $BNB #crypto #trading
