$BNB
Trading currently at 662.28 USD
Slight increase of +1.13% over the last 24 hours
Daily trading range between ~648 and 662 USD, with a market cap of about 93.3 billion dollars
---
📉 Technical Indicators (Short and Long-Term Analysis)
Daily-Weekly analysis according to TradingView/Investing.com shows "strong buy" signals on daily and weekly time frames, especially moving averages and indicators like MACD and RSI
On the immediate time frame (such as 5 or 15 minutes), indicators suggest "strong sell" or "sell", reflecting a short-term correction
---
📊 Technical Analysis – General Outlook
Volatility is relatively low with Bollinger Band Width around 6.7%, indicating a tight accumulation phase before a major move
Momentum Indicators:
RSI ~41.6, which is close to the oversold area
MACD below the signal line (1.95 vs 6.40), reflecting bearish pressure
ADX high (~76), reflecting a strong trend but may lose strength
---
🛑 Support and Resistance Levels
First support: around 648–651 USD (historical accumulation point)
Resistance:
First at ~660–662 USD
The next important level around 671 USD, where buying is only advised in case of a clear breakout with strong momentum
---
⚙️ Trading Recommendations
Short-term: Given the immediate selling pressure, there may be an opportunity for short-term selling or waiting for the price to reach the support area before
Long-term: Indicators support a bullish scenario, provided the price breaks the resistance at 671 USD and increases positive momentum
