$BNB BNB/USDT Technical Analysis — Ideal Setup or Bear Trap?
🕯 Overall Trend:
On all timeframes (1D, 4H, 1H) we see a strong bullish trend:
💎 Price is consistently above all EMAs (7, 25, 99) 🟢
💎 EMA(7) has crossed EMA(25) and EMA(99) — classic bullish signal 💥
💎 Price is approaching a key resistance level at $793.86 🔼
📈 What Indicators Say:
📌 RSI (6):
⌛ 1D: 96.08 → ⚠️ Strong Overbought
⌛ 4H: 68.65 → Approaching Overbought
⌛ 1H: 76.17 → Locally Overbought
📌 Stochastic RSI:
⌛ 1D: 100/100 → ⚠️ Extreme Overbought
⌛ 4H: 23.26/13.36 → In Oversold Zone (potential bounce)
⌛ 1H: 98.21/96.93 → High Risk of Correction
📌 MACD:
⌛ 1D: MACD = 8.72, DIF > DEA → Bullish Momentum 🟢
⌛ 4H: MACD ≈ -0.49 → Momentum Slowing ⚠️
⌛ 1H: 1.46 → Potential Short-Term Growth
📌 OBV (On-Balance Volume):
⌛ 1D: Increasing, confirms strength 📈
⌛ 4H: Slight decrease
⌛ 1H: Moderately positive
📌 Williams %R:
⌛ 1D: -5.87 → Overbought 😀
⌛ 4H: -18.11 → Near Neutral
⌛ 1H: -2.07 → Likely Pullback
