$BNB
📊 Technical Analysis: Has the $1000 level become a realistic target?
The daily chart for BNB indicates extremely strong upward momentum, supported by several technical indicators confirming the continuation of the positive trend:
The consecutive bullish candles confirm the currency has entered a strong impulse wave that began from levels around $600.
The highest price recorded in the past 24 hours was $787.25, bringing us close to breaking a psychological resistance at $800.
Momentum Indicators:
The Relative Strength Index (RSI) reached 96.68, a level that indicates sharp overbought conditions. This is typically interpreted as a signal of strong momentum, with a likelihood of a temporary correction in the short term.
The MACD indicator is in a very positive position, with a clear divergence between the MACD and Signal lines, and the continued growth of green bars—providing additional confirmation of the upward trend.
Next Range of Movement:
If the $800 level is firmly broken and a daily close is above it, the next technical target is the $900–$1000 area, especially in light of the lack of strong resistances beyond this level.
The nearest support currently lies around $745–$755, and maintaining it is essential for the continuation of the upward momentum.
📌 In summary: Technical data strongly supports the possibility of BNB rising to the $1000 level in the coming weeks, unless significant surprises occur from the broader market.
